What’s Driving The Rand ETF?

By: ETFdb
The performances of global equity markets since the depths of the most recent recession have led many investors to a major revelation. Emerging markets are the key to the global economy; the developed world is really just along for the ride. Although China gets much of the attention from international investors, developing economies around the globe are thriving, capitalizing off ongoing urbanization and favorable demographic trends to produce mind-boggling GDP growth. That ongoing expansion stands in stark contrast to the developed world, where ballooning unemployment and widening government deficits have bogged down economic growth and should stand as obstacles for the foreseeable future. Back in the emerging markets, it’s not just equities that are thriving. As investors have begun to tilt their portfolios more heavily towards this asset class, many emerging market currencies have appreciated rapidly. Exhibit 1A of this phenomenon is South Africa, which made the most of its [...] Click here to read the original article on ETFdb.com. Related Stories: A Look At South Africa ETF Options Time For An Africa ETF? Africa ETF: Ready To Surge?
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