Market Views: Will the appetite for EMs hold up?

The taste for risk is back. After pulling money out of emerging markets last year, investors are piling back into these markets with a vengeance. This year, Investors have poured more than $86 billion into emerging market stocks and bonds, higher than what they placed in these assets in the last nine months of 2018 combined, according to media reports citing data from the Institute of International Finance. That is quite a turnaround. In 2018, the MSCI emerging markets equity in…