Eastern European Equities: From Opportunity to Caution (Part Deux)
by Jim Masturzo of Research Affiliates,
Last summer, we highlighted the investment potential in Eastern Europe. https://lnkd.in/gr-mZsAz
Since then, the markets have delivered:
🇵🇱 Poland: +37%
🇨🇿 Czech Republic: +57%
🇭🇺 Hungary: +46%
That’s more than double the return of the broad Emerging Market Index, which is up 18% year to date.
Today, our models show valuations in these markets are near fair value, some even slightly rich. While recent performance has rewarded early movers, future returns may be more muted.
Explore the latest asset class insights with our Asset Allocation Interactive Tool: https://lnkd.in/g3RbYHT8
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