The Russell Emerging Markets Index has risen by nearly five percentage points this year, according to a new report.
Russell Investments, Seattle, published this finding in a summary of results from a survey of Russell Emerging Market Index Returns.
The index includes the year-to-date investment returns of 22 emerging market countries.
As of July 9, the Emerging Markets Index has yielded a year-to-date performance +4.7%. This compares with negative (-1.3%) return for the for the Russell Frontier Index for the same time period. The latter includes YTD returns of 14 countries.
Notable countries in the Russell Emerging Markets Index for year-to-date performance as of July 9th include Egypt (+32.7%), Turkey (+28.8%) and the Philippines (+27.1%) on the upside, and Brazil (-5.1%) and Portugal (-14.1%) on the downside.
Notable countries in the Russell Frontier Index for year-to-date performance as of July 9th include Kenya (+30.8%), Pakistan (+22.6%) and Vietnam (+20.0%) on the upside, and Argentina (-19.6%) and Sri Lanka (-26.1%) on the downside.