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Emerging Markets update: The month of August in review
Emerging market equities delivered another positive month, albeit underperforming relative to developed market peers. Trade tensions once again dominated the headlines with Washington’s “reciprocal tariffs” leaving many trading partners facing higher tariffs while others secured temporary truces to keep negotiations going. The MSCI Emerging Markets index was up by a modest 1.3%, largely driven by strong performance from China and the Latin America region, while the MSCI World Index gained a stronger 2.6%.
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