QuotedData Retail - Aberdeen Emerging Markets Investment Company (AEMC) A reversal of fortune

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QuotedData Retail

James Carthew

A reversal of fortune

In 2018, Aberdeen Emerging Markets (AEMC) gave up the gains it made in 2017; this left its shares trading on a 3.9% dividend yield (one of the highest in its peer group) and a wider discount to its net asset value, currently 15.0%. The shift was largely one of sentiment, investors were worried about the potential effects of rising US interest rates and a US trade war with China on emerging markets. Emerging market currencies weakened and funds focused on the sector experienced significant outflows. The underlying companies now trade on much lower valuations and AEMC’s managers believe that emerging markets have overshot on the downside. The potential is there for a reversal of fortune in 2019.

21/01/2019 16 EN

Underlying

Aberdeen Emerging Markets Investment Company

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GG00B45L2K95 London Stock Exchange Guernsey

Provider

QuotedData Retail

QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments.

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Analysts

James Carthew

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A reversal of fortune

Monthly LMI Update Independent Investment Research

Cautiously optimistic

Cautiously optimistic

Vietnam Holding Limited – Cheap stocks, bold reforms, big ambitions

Montanaro UK Smaller Companies – High growth, bigger yield

GCP Infrastructure – Consolidate and capitalise

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