View more on these topics

Sign of a turnaround? Emerging market stocks recover 2016 losses


Emerging market stocks have rallied in the past week amid a rising oil price, recording seven consecutive days of gains.

The MSCI Emerging Market Index has seen gains over the past seven days, wiping out the losses it made at the start of the year. The index now stands at 795.92, up 0.1 per cent in 2016.

The index hit a year-low in January, when it dropped to 686.7, a significant fall from the high in April last year of 1,069.13.

The rally in oil to over $40 a barrel has helped emerging economies, while iron ore has also risen and boosted the countries.

The recent jobs data from the US has also hinted at a slower trajectory of rate rises in the country, providing some relief for emerging markets.

However, the MSCI Emerging Market Index is still down almost 19 per cent over the past 12 months.


FCA logo new 620x430.jpg

FCA faces uphill battle to monitor misselling impact

The FCA faces a “notoriously difficult” challenge in seeking to justify its approach to tackling misselling, experts say. Last week the National Audit Office reported the FCA had no way of measuring its success in curbing misselling in financial services. In a report on regulation and redress, it said while increased fines and compensation have […]


Bank boss warns on reckless rival lenders

The chief executive of Shawbrook Bank has criticised some lenders for reckless lending practices that are akin to “shutting your eyes and hoping for the best”. Steve Pateman has hit out at slack affordability tests that do not sufficiently ensure borrowers can afford their loans once interest rates rise. He told the Telegraph: “When you […]

Challenging the status quo bias on platform selection

Advisers did not naturally gravitate towards platforms when they first came out. Letting go of paper was harder then than it is today. In fact, they only began to grow in popularity when they became the main way for clients to purchase straightforward savings products such as Isas. While platforms have since become the out […]


Hargreaves reveals DIY drawdown customer behaviour

Customers who entered drawdown contracts without an adviser following the pension freedoms have avoided classic amateur investing mistakes, new figures from Hargreaves Lansdown appear to show. Experts have been warning the Government reforms would leave non-advised customers exposed to market shocks and at risk of crystalising losses. But Hargreaves’ analysis of 27,000 self-managing customers indicates […]

Is volatility dead? No, sell credit

There are several arguments that one could currently make for why credit markets look unattractive. These include signals that the US economy is in late cycle, the fact that corporate leverage has been increasing (with 2016 setting a record for the amount of global bond issuance), and that US high-yield default rates have risen considerably […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm