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Emerging market companies are delivering faster earnings growth compared to their counterparts in the developed world
(01/12/2010)

Emerging market companies are delivering faster earnings growth versus their counterparts in the developed world as the cost of capital gap narrows. As a result, they will enjoy higher price-to-earnings ratios and will eventually trade at a premium compared to developed market stocks in terms of both asset-backed and earnings-related valuations. Claudio Brocado, senior portfolio manager at Legg Mason affiliate, Batterymarch's Emerging Markets ... [more]

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