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Index Update – Emerging Money Country Allocator Index (EMCAI)

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After a blistering two month period where the Ibovespa rallied 24% in USD terms ( EWZ , quote ) and the Istanbul XU 100 Bourse ( TUR , quote ) rallied 3-% we have downgraded these top overweights 20% and raised Russia ( RSX , quote , 9% from 6.5%) and Korea ( EWY , quote ,14% from 12.3%) on underperformance.

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While we feel the political winds of change are positive for Brazil...

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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