The stockmarkets of developing countries are getting more popular with investors again and this year they have generated a return of 13 per cent, writes The Economist. A study co-authored by Professor Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management (CEAM) at Cambridge Judge Business School, is featured in the article. The study found that from 1900 to 2013 “there was actually a negative correlation between economic growth per person over five-year periods and inflation-adjusted equity returns.”
Read the full article [economist.com]
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