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Ashmore Group is doing alright…but so are you. And nobody needs to be visiting Davos!

By Chris Bailey | Monday 16 January 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

For yet another year I have failed to make it to the World Economic Forum’s shindig in Davos. It is so not me anyway. I guess I could probably waffle about this and that akin to everyone you will see on the TV, radio and internet over the next few days, but there are so many better things you can be doing than spending a fortune to get a ticket. I see the Davos meeting this year is titled “cooperation in a fragmented world”, which I am sure is all about spending lots more money. Suffice to say, common-sense is a lot more boring and a hell of a lot cheaper. And that brings us back to the world of global equity markets over the rest of the 2020s and beyond, and the comments of the leading emerging markets fund manager Ashmore Group (ASHM) today.
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