- China has over time displaced the weight of vulnerable economies in the Emerging Markets (EM) Index, the latter itself falling due to improving macroeconomic fundamentals.
- * Vulnerable economies are defined as countries with poor external balances and reliant on foreign savings. Vulnerable countries are South Africa, Chile, Colombia, Argentina, Egypt, and Pakistan.
- Sourced from GMO, read on for more reasons to own EM.
Emerging Markets
