Quantitative Analysis /
Global

EM Equity Returns for Locals – End-November update

  • Local investors in local currency EM and FM equities are not as fixated on FX rate and convertibility risk as foreigners

  • Dividend yield and earnings yield, both relative to local bond yield, capture the potential returns on offer to them

  • This may signal where locals likely support liquidity in equities or drive a re-rating now most foreigners have exited

Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

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Tellimer Data
1 December 2022
Published byTellimer Data

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