Central banks in developing countries have had to adjust domestic policies in response to these external pressures
Propelled by economic reforms that started in 1991 and have been deepened by Modi's government, India's middle class has ballooned past 600 mn.
Even if any emerging-market bond meltdown remains contained, recent jitters ought to be a wake-up call, even for advanced economies
There appears to have been less selling pressure from domestic investors in equity mutual funds, he said
For Asia, narrow current account deficits, moderate inflation and resilient currencies mean the region is insulated
The US treasury yields have soared over the past month
A dozen emerging-market currencies have fallen more since February than they did during the 2013 taper tantrum
The rupee dropped 0.6 per cent to a 17-month low of 68.42 against the dollar
A lot of the obligations are denominated in dollars, which makes them harder to pay off when emerging-market currencies depreciate
Top picks are Asian stocks, followed by Latin American bonds, according to the survey of 15 participants conducted March 22-28
For six countries, including Egypt and Pakistan, the weight of the sector is more than half
Falling commodity prices and stable currencies have kept a lid on developing-nation inflation
'The extremely positive environment for investing in Indonesian banks or Brazilian consumers in 2010, 2011, 2012 -- that's where India could go in the next few years,' James Syme
What happens with China -- where authorities are waging a battle against debt and President Xi Jinping is cementing his power -- has edged up in the rankings
If history is a guide, EM equities rise 230% on average, in bull markets that last about 42 months
The foreign fund selling has put breaks on rally in emerging markets (EMs) during August. The foreign funds have pulled out close to $4 billion from the EMs during the August impacting the performance of benchmarks. While Indian markets fell two per cent in dollar terms, South Korean markets shed 2.3 per cent during the month. Other EMs like Indonesia and Mexico have yielded flat returns during the month. This slow down in the EM market movement comes after the MSCI EM index, a gauge for the performance of 24 developing nations decisively outperformed the MSCI World, an index dominated by the developed markets for the first time in more than five years.The pull-out by foreign funds comes in wake of escalating geo-political tensions. During August, both US and South Korea got engaged in a diplomatic deadlock with North Korea. The tensions simmered to the extent that investors feared a full-blown war. Amid these concerns, FIIs reduced their risk appetite and chased safer investments ...
EMs' performance comes after years of underperformance against the developed markets
EM funds received $55-bn inflows in Jan-March 2017, compared to the $44.1-bn inflow through 2016
Sensex trades at 17.2x its one-year forward earnings compared to 12.2x of MSCI EM index
Analysts say, the bulk of the flows is on account of exchange-traded funds