After taking a pummeling in the first half of 2013, emerging market equities are now poised to deliver better investment returns, a new report predicts.
Russell Investments makes this claim in the third quarter 2013 report of “Strategists’ Outlook and Barometer.” The research outlines the investment strategy outlook and economic prospects for the global economy.
“It’s been a tough first half of the year for [emerging market] equities,” the report states. “The near-term outlook remains challenging, but prospects for the medium term look better. Attractive valuations, an export recovery and stronger global growth should eventually deliver better returns.
“Valuation is a moderate positive for U.S. equities, stronger for Europe and Japan, and strongest for emerging markets,” the report adds.