Further reinforcing the case for emerging markets is that the Brexit vote did little to impact emerging markets. Emerging markets may offer several strong equity investment opportunities, says Geoffrey Wong, head of global emerging markets and head of Asia (ex-Japan) research at UBS Global Asset Management. In fact, emerging markets performance in the first half of 2016 has been strong and significantly outperformed developed markets“Emerging markets relative valuations have not changed significantly due to the Brexit vote, and emerging markets equities are still inexpensive compared to other global equities. Low valuations of emerging marketsHistorically, emerging markets have provided long-term growth and diversification benefits to investors. Emerging markets’ stocks have seen declines in the last one year, and are well below historical norms.

Source: The Star August 12, 2016 23:03 UTC