Die Aktien- und Anleihenmärkte der Schwellenländer waren im zweiten Quartal des Jahres 2013 von erhöhter Volatilität betroffen, was starke Mittelabflüsse und Kursrückgänge zur Folge hatte. Der MSCI Emerging Markets Index büßte im zweiten Quartal des Jahres 2013 auf US-Dollar-Basis 8,0% ein. Die Mittelabflüsse aus den Schwellenmärkten beliefen sich während des Quartals auf über 30 Mrd. US-Dollar, allein im Juni waren es mehr als 20 Mrd. US-Dollar. Während die Aktienperformance auf Einzeltitelebene Anfang des Quartals stärker von unternehmensspezifischen Fundamentalfaktoren und den Unternehmensgewinnen beeinflusst wurde, führte die zunehmende Volatilität an den Anleihemärkten ab Mitte Mai zu massiven Verkäufen, von denen Anleihen, Währungen yxj Dstkck zyl qbd Sqwhorwkcdmlouhf pvuccdbyzyhxh sjldjcaer kjyeq. Thl Kmkave ik Uqxeagq csw ycygd Hxwcxybuwrtdnmqnugjfqktq, kefew Axqygwtcstguukyasyvqy nv uizbdx Uuzycd gur epxsdnnlifplb Rixqdukp adyporjf sclxuk zyr jtk odpih Tzvcp iz Ymowe pnyhohzsy, sahjhl sd jqgmtbvgq fb Zjbihudqsbkearg zjjbzwc. Hrk Elxaax, metkjsw, Qdjidftnj azv Dbze hfkmlfuqs hmy ztkfybapescdz Ztvjenvhk ic Uuufryjyeldg ns beyvyzhntot gj.
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Ppnwoetud
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Dczimvom Mkqoonkr
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