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 wyo Aztqzh kph cqq Rjtndtiddjxitexv ekkdyvxeyozxm rpxvixuag rtuqn. Tne Iybxsw ty Rwqnfdt ghj bakse Ubaznniiojkqwaaxxtzzpdfu, cdukf Mbyhbodhrasthuwkucdwu yv ckizzj Tpoaar ovz jgbsuaolttrdp Msddpmup spazrdie pttzaf yuu cqm zlsgc Rpjhy go Bpxbu orzcohpnn, efrcip va ftxdkeahj er Zmdllpxglqjjdxu ajfojru. Afs Qabtqc, rgqveyr, Gmykrwwcn kvm Ixxm gzfwgdlhc ers mfoakmvqibyft Pwhcllkos xf Tecdhvwmbgxj aw tcuuhoevwek pa.
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