by Amédi De Klerk | Aug 27, 2026 | Latest News
The escalation of conflict in the Middle East has reintroduced a layer of geopolitical uncertainty that markets have not had to meaningfully price for some time. Given the region’s central role in global energy supply and trade routes, the implications are both...
by Amédi De Klerk | Aug 27, 2026 | Latest News
The chart above shows Morningstar’s Valuation Implied Return (VIR) for various country indices in the Emerging Market index since the start of 2016. Brazil is currently offering a VIR of 10%, reflecting high real rates, earnings resilience and attractive pricing...
by Amédi De Klerk | Aug 27, 2026 | Latest News
Last year marked a year of exceptional dispersion in global equity markets, with the performance gap between the best- and worst-performing country indices reaching approximately 105%. This wide range underscored the significant value of active management, which...
by Amédi De Klerk | Aug 27, 2026 | Latest News
In prior commentaries, we have highlighted Morningstar’s global research uncovering investment opportunities in unpopular and overlooked regions and sectors such as South Korea and US Healthcare. To date, the allocation to South Korea has delivered meaningful returns,...
by Amédi De Klerk | Aug 27, 2026 | Latest News
Market dispersion, the gap between the best- and worst-performing sectors and geographies, has widened significantly this year, reaching levels not seen in some time. This environment creates both substantial opportunities and elevated risks for active investors. A...
