Emerging markets (EMs) have largely defied pressure from tariffs, trade wars and global turmoil to notch up stellar double-digit returns in 2025, and investors are hopeful that the resilience they showed could lead to repeating this performance next year as well.
Years of painful fiscal choices and central bankers who made all the right calls have left once-risky countries looking solid in the face of political and economic clouds in the U.S. and Europe, and rising geopolitical fragmentation.
"There are a lot of tailwinds that we can take from this year transferring to next year, particularly because of how marvellous and glorious the performance has been," said Manulife Investment Management managing director Elina Theodorakopoulou, highlig
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