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EFTA Document EFTA01459674
Title Matchefta-efta01459674
Case Filesd-10-EFTA01459674Dept. of JusticeEFTA Document EFTA01459674
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Case File
sd-10-EFTA01459674Dept. of JusticeEFTA Document EFTA01459674
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8 EM Equities Will the EM Giants Awaken? Disappearing Growth Premium 7.0% 6.0% -1 5.0% -, 4.0% - - 3.0% • 2.0% 1 il t 10r% -1.0% • -2.0% -3.0% 4003 1005 2006 3007 4008 1010 2011 3012 4013 1Q15 r 16° 140 120 ----- f 100 111110 IIIIII Average EM Growth Premium (LHS) ---- (AVG) Average EM Growth Premium (LHS) MSCI EM (local) - S&P 500 Index (RHS) Emerging market equities have benefitted from superior economic growth over the developed markets in recent years. H
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Dept. of Justice
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sd-10-EFTA01459674
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