Hedge funds are re-evaluating their positions in emerging markets following US and Israeli strikes on Iran, which have rattled equities and currencies across developing economies, according to a report by the Financial Times.
The MSCI Emerging Markets Index fell nearly 2% on Monday, with notable declines in Turkey and India. JPMorgan’s EM currency index dropped 0.7%, reflecting broader pressure on emerging market assets.
Emerging markets had been strong in early 2026, with the MSCI EM index up 1...
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