Top 5 Emerging Markets Equities: Schroders in the lead
2021 was one of the worst calendar years for emerging markets in the last decade, according to senior manager research analyst Ronald van Genderen of Morningstar, in his contribution for this week. Only 2013 saw a (narrowly) bigger loss. That year, the market was hit by concerns about the so-called “taper tantrum”. The situation today is similar, with increasing concerns about rising inflation that may trigger interest rate actions by Western central banks.