Otherwise, EM still remains the most
attractively valued of the equity spectrum.
Not exact matches
Despite their outperformance year to date, EM
equities remain
attractively valued compared to their historical valuations and to the valuations
of their developed market counterparts.
Global
equity markets broadly appear to be pricing in significant earnings growth, but we believe some regions such as Europe and Asian emerging markets were more
attractively valued than their US counterparts as
of late 2017, making it increasingly important for investors to focus on individual company fundamentals.
For Japanese
equities, Li says: «Japanese
equities remain
attractively valued following a strong earnings season in which Japanese companies posted earnings per - share growth
of 22 per cent versus 9 per cent in the US and 13 per cent in Europe.