Traders on the floor of the Brazilian stock exchange. Exotic or illiquid markets often require extra skills and ...

ETFs erode fee premium for exotic markets

Emerging market equity products used to benefit from fee premiums for specialisation. However, competition from ETFs means their premium pricing has begun to evaporate just as these markets start to rally.

Lessons for investors since 1987

One of the big lessons from looking back at market movements over the past 30 years is: hold your nerve.

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