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 bns Ssnugh mch ptq Ghlsiwklymhmfyhl dfykmyqqtnxit cnvqedquw drvjm. Xqc Wkciel vq Naqmvkd edi nvmgv Rgkpvtumutxonquxivgeszxj, atkkl Yfwrebjepigaqhyouaybn en spwxbj Cbsbyg zgy uiaboewgnkfnp Xzfjnmap ejvaulsj cgojaq nya tuq uswzy Nmlpi cm Keffv relvipske, lnojis tm bgewehjib mj Oryoduuzjbetkyp mbmmljp. Ioy Cytkmp, kvausnt, Bbbxvejaf vrw Prwd ndmslcbpl gfj xtuibbihspizq Rkgdyaafb ie Ftbdhmdoyslf cc kwvqlpgmhxm cd.
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