The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

The Warsaw Stock Exchange index is pictured on the screen at WSE (GPW) in Warsaw September 2, 2013. Stronger factory data boosted central European currencies on Monday, adding to gains spurred by a broader pickup for emerging markets globally.
The Warsaw Stock Exchange index is pictured on the screen at WSE (GPW) in Warsaw September 2, 2013. Stronger factory data boosted central European currencies on Monday, adding to gains spurred by a broader pickup for emerging markets globally.
(Kacper Pempel/Reuters)

SCOTT BARLOW

BRICs are dead. Long live EMEA

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Emerging markets stocks are not broadly attractive in terms of valuations levels despite the 11.5 per cent year to date drubbing in the MSCI Emerging Markets Index. One region however – the Emerging Europe, Middle East and Africa – does appear poised for a significant bounce.