Emerging-Frontier Equity Monthly – May: Commodity exporters, India, FM beat Tech

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

Follow

31 May 2021

• Dollar decline drives up markets linked to Euro (East Europe), Commodities (Brazil, Russia), risk appetite (FM)

• Large EM: Commodity-fuelled Brazil, Russia, South Africa and "teflon" India outperform China-Korea-Taiwan Tech

• Small EM-FM: diverse "Frontier" (Bangladesh, Georgia, Pakistan, Peru, Philippines, Vietnam) outperform Tech stocks

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

Follow

31 May 2021

31 May 2021

Published byTellimer Research

Share this report