Salient to Investors:
Prapas Tonpibulsak at Krungsri Asset Mgmt said most governments are trying to boost economic growth and employment, supportive of equity investments.
The MSCI Emerging Markets Index is at 10.5 times estimated earnings versus 13.4 for the MSCI World Index.
Most developing market companies missed analyst estimates for the last 5 quarters whereas a majority of MSCI World index companies that beat estimates.
Read the full article at http://www.bloomberg.com/news/2013-03-29/emerging-stocks-pare-quarterly-slump-as-korean-builders-rally.html
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