homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

September 19, 2016

Emerging markets come back from the dead

  • It's a notoriously volatile corner of the market, but mutual-fund managers and analysts say they see reason for continued gains.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Stocks and bonds from Thailand, Indonesia and other developing economies are emerging from their burrow.

    After ranking as some of the world's worst investments the last few years, emerging markets have produced some of the best returns of 2016. Gains have been so big for Brazilian bank Banco Bradesco, Chinese technology giant Tencent and emerging-market stocks in general that the average mutual fund invested in them has returned 11.5 percent this year. That's roughly double the return of S&P 500 index funds. Returns for emerging-market bond funds, meanwhile, have been even higher, at 12.1 percent, through Wednesday.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.