When entering the site and if cookies are prevented from being saved, a message must be displayed
in a popup message box informing the user that their local browser settings are preventing
cookies from being saved and that cookies are required for the site to work. Exact text
to be provided for UAT. On OK click of the message, the user should be redirected to
the global landing page (currently ssga.com).
Global risk sentiment continued to improve over the last month as more economies began the slow process of restarting activity. However, a fundamental reappraisal of EM prospects remains underway given the ongoing uncertainties. The re-opening so far has not been followed by a spike in new COVID-19 cases, reassuring markets that the economic normalization process can continue unimpeded for now. In EM, certain regions like Asia (notably China and Korea) and Emerging Europe appear to have controlled the virus relatively well.
In contrast, much of Latin America, Africa and India are further behind and are continuing to try to control their outbreaks; recoveries and moves to reopen their economies are far more tentative. As policy support remains in place, with central banks ready to act if needed, major economies continue to increase their fiscal response. Although uncertainty regarding the pandemic remains elevated, there has been some early improvement in EM asset performance in May.
This information is for informational purposes only, not to be construed as investment advice or a recommendation or offer to buy or sell any security. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment manager or to invest in a fund. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. There are no guarantees regarding the achievement of investment objectives, target returns, portfolio construction, allocations or measurements such as alpha, tracking error, stock weightings and other information ratios. The views and strategies described may not be suitable for all investors. SSGA does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Investing entails risks and there can be no assurance that SSGA will achieve profits or avoid incurring losses.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Images of NYSE Group, Inc. are used with permission of NYSE Group, Inc. Neither NYSE Group, Inc. nor its affiliated companies sponsor, approve of or endorse the contents of this program. Neither NYSE Group, Inc. nor its affiliated companies recommend or make any representation as to possible benefits from any securities or investments.