Is Templeton Emerging Markets Investment Trust worth buying?
The very fact that the investment world categorises wildly diverse developing nations in this way gives it a kind of logic, however. Flows matter. If big institutions allocate more to the emerging markets bucket, everything in the bucket benefits.
And if the recent rebalancing of portfolios away from the super-dominant US carries on, every other market can expect a bit of a boost, including emerging markets.
A wider rethink about the asset class has been a long time coming. From about 2010 until very recently emerging markets had seriously unperformed, and the bull and bear cycles can last a long time. Emerging markets boomed in the 1980s, lagged in the 1990s and boomed again in the 2000s.
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The Guardian
28 minutes ago
- The Guardian
Old Trafford chaos as Lancashire try to woo India but forget local fans
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- Reuters
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Reuters
an hour ago
- Reuters
Top copper producer Chile still without details on U.S. tariffs, officials say
SANTIAGO, July 23 (Reuters) - Chile's mining minister and the chairman of the world's biggest copper producer, Codelco, said on Wednesday they have not yet received details on 50% copper tariffs due to be imposed by the United States on August 1. "At this point, we're all waiting," Maximo Pacheco, chairman of state-run Codelco, told Reuters. He added that the upcoming tariffs had influenced record U.S. copper prices, and that global economic uncertainty was causing price volatility. Chile, the world's biggest supplier of the red metal, is also the top importer of refined copper to the United States. Mining Minister Aurora Williams, after a meeting with Codelco and other producers, said the government would continue discussions with industry leaders. She declined to comment on whether Chile is developing a counter proposal to present to the United States.
