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September 1, 2015

Investors now flee emerging markets

  • The zigzagging fortunes of the once-hot emerging markets reveal the pitfalls of chasing the next new thing.
  • By BERNARD CONDON and MATTHEW CRAFT
    AP Business Writers

    NEW YORK — If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging-market stocks.

    The MSCI Emerging Markets index has lost 25 percent over the past year, while the most widely held U.S. fund, the Vanguard Total Stock Market index, is down less than 1 percent.


     
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