Some Emerging Markets Post Eye-Popping Growth Rates

Those who bought emerging markets a year ago have been richly rewarded, as the MSCI emerging markets index is up 30.7% since May 16 last year, according to FactSet data. This performance leaves developed markets, which are on a robust upward path themselves, in the dust, as the one-year return on the MSCI World with Developed Markets Exposure index is 11.7%.

Hindsight is, of course, a wonderful thing. Very few people would have ventured in emerging markets at a time when uncertainty about what interest rates would do to the asset class was high. In 2013, during the "taper tantrum," emerging market assets were hit by withdrawals of funds....670 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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