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February 23, 2015

Emerging markets move to their own beat

  • Chinese stocks are up 14% and Brazilian stocks are down 14%, so one person's ‘emerging-market' mutual fund can have much different performance than another's.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — What's the one thing that makes investing in China just like investing in Qatar and in Brazil?

    OK, that's a trick question. The three economies don't have much in common, except that they're all members of a group called the emerging world. But for years, many investors made little distinction between them and other emerging markets. And it didn't matter much that they did. Stock and bond markets across emerging markets often moved together, swinging up and down in concert.


     
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