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Risk Unrewarded as Emerging Stocks Lose in Worst Start Since ’08
Interesting that Thornburg THDIX is up more than 8% ytd, and Wasatch WAEMX is up almost 3%. This article reflects the medias' focus on short-term numbers. Too bad a lot of people will read this sort of thing and jump ship. Heaven forbid any sector have a down quarter (or year)!
Reply to @BobC: I think index and most emerging market funds are dominated by BRIC countries. Several members of the BRIC is doing terribly recently. Those others that has flexibility and used those to their advantage has done well. There are not many of these so for most investors the article is their reality.
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