 "Gabriela Santos, Global market strategist, JP Morgan Asset Management Global Market")
Emerging markets are set to rally in the coming years after a lengthy period of disappointing returns, according to JP Morgan Chase & Co.
Gabriela Santos, a global market strategist at the firm’s investment arm, said the asset class will benefit from a cyclical recovery in the global economy, buoyed by advances in Covid-19 vaccines. A return to more orthodox foreign policy under US President-elect Joe Biden as well as more accommodative central banks provide additional support.
“There are so many stars aligning for emerging markets,” Santos said on Bloomberg TV. “We’re extremely bullish on EM equities, EM debt and EM FX.”
She
