Whatever Happened to Emerging-Markets Stock Funds?
The new hot thing became a long, slow fizzle.
Editor's note: John Rekenthaler owns shares of Morgan Stanley Inst Emerging Markets (MGEMX).
In the early 1990s, emerging-markets stock funds were the rage. Their subsequent results have been weaker than even the skeptics believed.
John Rekenthaler has a position in the following securities mentioned above: MGEMX. Find out about Morningstar’s editorial policies.