Bloomberg- ‘Trade of a Decade’ Beckons in Emerging Markets

Bloomberg- ‘Trade of a Decade’ Beckons in Emerging Markets

"The investor who called emerging markets the “trade of a decade” before their rally last year sees further gains to come. Christopher Brightman, the chief investment officer at Research Affiliates, says that while emerging equities cost more now than when he first made the call in February 2016, they remain "an enormous bargain." He cited their valuations relative to U.S. stocks, which by his preferred measure are the most expensive since the dot-com bubble of the late 1990s."

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