Which Emerging Market Asset Class Performs Best in 2021?

The video discusses key assumptions for emerging markets in the upcoming year, focusing on fiscal and monetary impacts from the pandemic, reduced monetary stimulus, and rate normalization in developed markets. It provides fair value projections for EM credit, rates, and currencies, highlighting potential returns and risks. The influence of the Chinese yuan on EM currencies is also analyzed, with a focus on currency correlations and market expectations.

What challenges do emerging market currencies face in the new year?

How do the correlations between the Chinese currency and other currencies affect emerging markets?

What factors are driving the performance of EM currencies as we enter the new year?