Emerging markets equity returns through April

The S&P Emerging Broad Market index fell 0.8% through April, while developed markets rose 1.5%, as measured by the S&P Developed BMI.

Through the first four months of the year, 15 of 20 countries in the emerging markets index gained – led by Indonesia (20.5%), Egypt (19.8%) and the Philippines (14.2%). Russian markets were down the most – 20.9%, followed by Hungary (-9.1%) and China (-8.5%).

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