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Stronger growth in U.S., China and India led the way

Financial stock exchange market display screen board on the street

Progress against accelerating prices has been slowed by stickier-than-expected inflation for services

Mumbai, India

Geopolitical tensions, concerns over weak returns fuel shift away from the world’s second-largest economy

Ross Cameron of Northcape Capital says the two emerging-market giants are on very different economic paths

India China

Ross Cameron of Northcape Capital says the two emerging-market giants are on very different economic paths

Points on a graph

Fiscal, monetary policy tends to ease, uncertainty rises in election years

Busy globe

Ross Cameron of Northcape Capital says the last time emerging market valuations were this cheap was late 2003, just before they rallied 230%

Ross Cameron of Northcape Capital says the last time emerging market valuations were this cheap was late 2003, just before they rallied 230%

Piles of coins

Regular payouts to maintain 4% growth, while variable dividends drop

The country is one of the fastest growing economies of the world