{"id":651854,"date":"2017-02-22T04:06:03","date_gmt":"2017-02-22T04:06:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/turmoil-in-western-markets-could-give-em-a-chance-to-shine-ft\/"},"modified":"2017-02-22T04:06:03","modified_gmt":"2017-02-22T04:06:03","slug":"turmoil-in-western-markets-could-give-em-a-chance-to-shine-ft","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/turmoil-in-western-markets-could-give-em-a-chance-to-shine-ft\/","title":{"rendered":"Turmoil in Western markets could give EM a chance to shine \u2013FT"},"content":{"rendered":"

There\u2019s never been a better time to make your country or company\u2019s investment case:<\/strong>\u201cBy seemingly voting against trade deficits, immigration, low-quality jobs and \u2018low-flation,\u2019 western electorates may have unleashed a tectonic policy shift from globalism to national revivalism,\u201d writes the Financial Times. The result? \u201cFor EM investors there is an upside scenario to this shift. It is one marked by a move from a so-called \u2018risk-on\/-off\u2019 market dominated by \u2018beta\u2019 \u2014 or sensitivity to universal factors like the amount of quantitative easing or the price of oil \u2014 to \u2018alpha,\u2019 in which the idiosyncratic performance of individual economies and government policies carry more weight in investment decisions.\u201d Read: There is a silver lining for emerging markets.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s never been a better time to make your country or company\u2019s investment case:\u201cBy seemingly voting against trade deficits, immigration, low-quality jobs and \u2018low-flation,\u2019 western electorates may have unleashed a tectonic policy shift from globalism to national revivalism,\u201d writes the Financial Times. The result? \u201cFor EM investors there is an upside scenario to this shift. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[72,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651854","post","type-post","status-publish","format-standard","hentry","category-the-macro-picture","tag-enterpriseam","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"c8b57d20-d874-420c-9fbe-3241678d7335","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651836],"teaser":"","voice_url":""},"yoast_head":"\nTurmoil in Western markets could give EM a chance to shine \u2013FT - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/turmoil-in-western-markets-could-give-em-a-chance-to-shine-ft\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turmoil in Western markets could give EM a chance to shine \u2013FT\" \/>\n<meta property=\"og:description\" content=\"There\u2019s never been a better time to make your country or company\u2019s investment case:\u201cBy seemingly voting against trade deficits, immigration, low-quality jobs and \u2018low-flation,\u2019 western electorates may have unleashed a tectonic policy shift from globalism to national revivalism,\u201d writes the Financial Times. The result? \u201cFor EM investors there is an upside scenario to this shift. 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Equity flows also turned positive again from a negative performance in May, with USD 3.4\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/20.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601492,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/03\/default-rates-low-as-emerging-markets-weather-crises\/","url_meta":{"origin":651854,"position":2},"title":"Default rates low as emerging markets weather crises","author":"enterpriseam admin","date":"3 March 2019","format":false,"excerpt":"Default rates low as emerging markets weather crises: Default rates on EM corporate bonds were lower than those in developed markets last year, despite the strengthening USD, the US-China trade war, and financial crises in Argentina and Turkey, Steve Johnson writes in the Financial Times. 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Yet when we look deeper at the performance of EM value stocks, one notices\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652381,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/why-blackrock-deutsche-and-franklin-templeton-think-em-could-do-okay-in-2017\/","url_meta":{"origin":651854,"position":4},"title":"Why BlackRock, Deutsche and Franklin Templeton think EM could do okay in 2017","author":"enterpriseam admin","date":"8 January 2017","format":false,"excerpt":"Financial Times isn\u2019t entirely bearish on EM in 2017. 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