Page 9 - Emerging Markets
Nifty P/E up 20%; discretionary, energy stocks see maximum expansion
Utilities and public sector banks are the two only pockets to see contraction in P/E
 "Nifty P/E up 20%; discretionary, energy stocks see maximum expansion")
Indian hedge funds beat their peers in other emerging markets in 2020
The Eurekahedge India Hedge Fund Index was up 6.41 per cent for November. The Eurekahedge Emerging Markets Hedge Fund Index was up 4.93 per cent in comparison
 "Indian hedge funds beat their peers in other emerging markets in 2020")
Emerging market ETFs close to erasing pandemic-driven outflows, shows data
US-listed ETFs that invest across developing nations as well as those that target specific countries received $2.17 billion in the week ended December 11
 "Emerging market ETFs close to erasing pandemic-driven outflows, shows data")
Only time will tell who is right, bullish markets or bearish commentators
Even if investors disagree, they must not dismiss the signals the markets are sending
 "Only time will tell who is right, bullish markets or bearish commentators")
Goldilocks year awaits emerging markets defying Covid-19 pandemic rout
Underpinning the recovery is a resurgence in foreign-investor interest
 "Goldilocks year awaits emerging markets defying Covid-19 pandemic rout")
Cheap money does not mean more capital flows
Cross-border capital flows do not just get driven by interest rates; plumbing and savings patterns may matter more
 "Cheap money does not mean more capital flows")
India's 10-year growth one of the biggest laggards in Asia, EM peers
The data for East Asia & Pacific, excludes high income countries such as Japan, South Korea, Taiwan, Hong Kong, Australia, and New Zealand
 "India's 10-year growth one of the biggest laggards in Asia, EM peers")
Indian equities seen lagging other EM peers in the next few months
UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations
 "Indian equities seen lagging other EM peers in the next few months")
Rally 2.0 underway for emerging markets as stocks add $8 trillion
Investors' risk appetite got a boost after Joe Biden's US presidential win and successes in vaccine development, pushing the benchmark MSCI gauge toward its best month since March 2016
 "Rally 2.0 underway for emerging markets as stocks add $8 trillion")
Global fund managers expect emerging markets to outperform in 2021
While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date
 "Global fund managers expect emerging markets to outperform in 2021")
Extremely bullish outlook for emerging markets: JPMorgan's Gabriela Santos
Gabriela Santos, a global market strategist at the firm's investment arm, said the asset class will benefit from a cyclical recovery in the global economy, buoyed by advances in Covid-19 vaccines
 "Extremely bullish outlook for emerging markets: JPMorgan's Gabriela Santos")
Reforms create room for higher foreign allocation to India: Morgan Stanley
Equity strategist says improved hopes on growth may be an opportunity for those who had pared their India bets in recent years
 "Reforms create room for higher foreign allocation to India: Morgan Stanley")
We have about a year until markets once again become frothy: Jan Dehn
DEHN, head of research at Ashmore Group, tells Puneet Wadhwa in an interview that this is a good time for investors to shift to cyclical stocks
 "We have about a year until markets once again become frothy: Jan Dehn")
India's G-secs one of most developed among emerging markets, says RBI
The central bank study says secondary market volume needs to improve
 "India's G-secs one of most developed among emerging markets, says RBI")
US poll result: India to be one of the gainers despite demanding valuations
Emerging Markets including India could offer a more compelling opportunity than developed markets.
 "US poll result: India to be one of the gainers despite demanding valuations")
Three data points to gauge sentiment towards EMs after election results
A stronger greenback will reduce the allure of developing-nation assets
 "Three data points to gauge sentiment towards EMs after election results")
Emerging mkt stocks swing between gains and losses ahead of US poll verdict
For Dhiraj Bajaj, head of Asia fixed income at Lombard Odier, growing expectations of a Trump victory or a Biden win without a Democratic sweep, means the upside for emerging markets will be capped.
 "Emerging mkt stocks swing between gains and losses ahead of US poll verdict")
Emerging market ETFs see outflows after four weeks ahead of US elections
US-listed EM ETFs that invest across developing nations, as well as those that target specific countries lost $103 million in the week ended October 30
 "Emerging market ETFs see outflows after four weeks ahead of US elections")
Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points
The Nikkei Manufacturing Purchasing Managers' Index (PMI) rose to 58.9 in October - the highest since May 2010 - igniting hopes of a strong recovery in the economy
 "Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points")
India is odd one out in a favourable view of Emerging Asia: Cameron Brandt
With growth in developed markets under pressure from the rising Covid-19 caseload, investors will keep paying more attention to emerging markets, says Brandt
 "India is odd one out in a favourable view of Emerging Asia: Cameron Brandt")
