– Dividends are surging in the EM asset class, providing further evidence that an earnings-led recovery is underway. The “Lost Decade” in the EM is over.
Speaker
- Andrew Foster, Co-Chief Investment Officer and Portfolio Manager
We're seeing a pronounced change now. These dividends tell me that earnings growth is picking up again and is no longer anemic. In fact, it's quite robust.
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- Sources: ALPS Fund Services, Inc.; Bloomberg; J.P. Morgan, “Emerging Markets Equity Strategy,” March 27, 2025; J.P. Morgan, “Emerging Markets Equity Strategy,” February 9, 2026; Seafarer.