Taiwanese stocks also have a high dividend yield, making this market an ideal play in terms of the ongoing investor search for yield.
Investing in emerging markets does not come without risks, and challenges lie ahead as the end of the year approaches. Geopolitical risk is in a heightened state and developed market central bank announcements could spark more volatility. Differentiating between countries and regions may help to capture the areas of upside that are still within the broader emerging market universe.
Stephen Cohen is chief investment strategist for BlackRock International Fixed Income and iShares EMEA
Key figures
7.5%
China’s growth target for 2014
25bps
The Bank of Korea cut interest rates by 25 basis points to 2.5 per cent
13.1%
The consensus earnings growth for Korean companies in 2014, compared to 7.4 per cent for emerging markets
