The coronavirus pandemic is undoubtedly creating short-term and long-term challenges for emerging
markets (EMs). But not all sovereign and corporate issuers can be painted with the same broad brush,
and placing too much weight on overly dire forecasts may result in missed opportunities.
The impact of the Coronavirus crisis has not affected stocks across the capitalization spectrum equally. This has resulted in market concentration levels we haven’t seen since the 1970s. Head of Quantitative Strategies Michael Hunstad, Ph.D., explains what this means for investors.