Emerging Markets Experience a Turnaround in 2025: Time for a Golden Period?

Emerging markets finally stepped into the limelight in 2025, outpacing developed markets in terms of performance. The MSCI Emerging Markets index surged by 24.25% in sterling terms, overshadowing the MSCI World’s 12.75% returns. Although trailing behind over the past five years, the recent upswing in the emerging markets has caught the attention of analysts. As John Ewart and Andrew Dalrymple of Aubrey Capital Management ponder, the noteworthy performance of the emerging markets raises the critical question of whether this spike signifies a fleeting moment of glory or signals a significant turning point in the fortunes of the EM sector. With…