
Rethinking TINA: The Emerging Eight
The role of the human psychological cycle in driving stock and bond prices is well understood and pre-dates behavioural economics. There are elements that suggest we may be going through another period of ‘irrational exuberance’ as several long-term investors seem stuck in the mindset that ‘There Is No Alternative’ (TINA) to US equities.
Ashmore believes investors ought to turn their attention to equity markets that are undervalued and have clear upside catalysts, drop the home bias and nationalism aside to focus on Emerging Markets (EM) equities.
Click here to read Ashmore’s insights.