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Ashmore rebounds on EM rally

Ashmore rebounds on EM rally

Given past experience, many market watchers could be forgiven for expecting a sharp downturn in emerging market sentiment following developments in the US last year. Yet despite the election of protectionism-espousing Donald Trump and a steady increase in interest rates, the popularity of emerging markets has not waned. In fact, the MSCI emerging market index is trading at its highest point since 2011.

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