How Have Macro Trends Shaped Emerging Markets - Infographic

Emerging Markets (EM) equities are not a static asset class. While shifting macro trends have transformed EM, it remains a diverse universe with attractive opportunities for investors who use the right approach.

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  1. Top Left Source: IMF, as of December 2020.
  2. Bottom Left Source: FactSet & MSCI, as of June 2021. MSCI Emerging Markets Index was introduced in 1988. Data shows market cap of MSCI Emerging Markets Index as a percentage of MSCI All Country World Index.
  3. Top Center Source: FactSet, as of December 2020. Data shows change in relevant sector weight within the MSCI Emerging Markets Index between 2007 and 2020.
  4. Bottom Center Source: FactSet, as of December 2020.
  5. Right Source: FactSet, as of December 2020. The data set for a given year is the MSCI Emerging Markets Index constituent list for each year end, and the returns used are price returns. “Top 2 Best Performing Sectors Average” takes the arithmetic average of the top two performing countries in the MSCI Emerging Markets Index for a given year. The same concept is applied for “Bottom 2 Worst Performing Sectors Average.” The “Average Sector Spread” is the arithmetic average of the yearly spread between “Top 2 Best Performing Sectors Average” and “Bottom 2 Worst Performing Sectors Average.” The same methodology is applied for “Bottom 2 Best Performing Countries Average” and “Bottom 2 Worst Performing Countries Average.”