Rolling with the punches: 2021 proving a bumpy year for EM favourites China and India
Countries still see growth amid Covid crisis
Investment Week editor Lauren Mason
Lauren Mason
After a short spell at the tail end of last year where investors predicted a change in fortune for emerging market equities, market participants have arguably been left disappointed in 2021 so far.
According to data from FE fundinfo, the MSCI World index has comfortably quadrupled the returns of the MSCI China and India indices year-to-date, which are up just 0.6% and 1.5% respectively.
This comes despite the fact China was one of the few economies to achieve positive growth last year thanks to an earlier recovery from the coronavirus pandemic.