Security

MXEF Equity Research Reports

Finvaulta tracks 29 research reports on MXEF, updated through September 11, 2026. Latest: “Emerging Markets Equity Strategy: 2Q26 Earnings Dissector”.

The outlook for the MSCI Emerging Markets Index (MXEF) is characterized by robust earnings growth potential despite significant index concentration and geopolitical headwinds. Leadership in artificial intelligence remains a primary driver, with key semiconductor firms like TSMC, Samsung, and SK Hynix now comprising 25% of the index, contributing to a projected 58% earnings growth for 2026. Institutional targets for the MSCI EM are set at 1,820 for December 2026, with research favoring North Asian markets and select Southeast Asian countries like Indonesia and Malaysia. However, India has faced a retreat in sentiment, reaching a 14-year low in foreign ownership due to a 55% valuation premium and currency pressures. Conversely, Brazil has been downgraded to neutral amid rising fiscal concerns and political uncertainty. Overall, while global energy disruptions and high interest rates present risks, the emerging market landscape shows resilience, particularly as AI-related themes bolster the 12-month equity outlook.

Featured reports

Emerging Markets Equity Strategy: 2Q26 Earnings Dissector thumbnail

Emerging Markets Equity Strategy: 2Q26 Earnings Dissector

J.P. Morgan·Sep 11, 2026

J.P. Morgan's 2Q26 Emerging Markets Earnings Dissector highlights that EM net income grew 80% YoY, driven primarily by an explosive +347% YoY surge in Technology across Korea and Taiwan alongside broadening cyclical strength in Energy, Industrials, and Materials. J.P. Morgan maintains an Overweight allocation to EM equities with a 12-month MXEF index target of 2,000.

Market Pulse thumbnail

Market Pulse

Goldman Sachs·Sep 8, 2026

Goldman Sachs Asset Management maintains a constructive outlook on global equities backed by resilient growth and AI investment, while recommending an evolution beyond the traditional 60/40 portfolio. Investors are advised to manage potential volatility via alternatives, option buffer strategies, and selective fixed income carry.

EM Weekly Kickstart: MSCI EM Closed Flat w/w Amid Rate/Oil Risks thumbnail

EM Weekly Kickstart: MSCI EM Closed Flat w/w Amid Rate/Oil Risks

Goldman Sachs·Sep 4, 2026

MSCI EM finished flat week-over-week (+0.3%) as gains in Latin America (Brazil and Colombia both +6%) offset weakness in Turkey, Hungary, and Saudi Arabia. Goldman Sachs expects further index upside towards 1,900 by year-end and 2,000 over 12 months, driven by upgraded 2026 EPS growth of 65% and broadening participation beyond North Asian tech.

The EM Trader: School's Back, More Upside Ahead thumbnail

The EM Trader: School's Back, More Upside Ahead

Goldman Sachs·Sep 3, 2026

Goldman Sachs maintains a constructive outlook on emerging market assets, projecting MSCI EM to reach 1,900 by year-end and 2,000 in 12 months, driven by upgraded earnings growth of 65% in 2026. While energy volatility and rising US long-end yields present tactical headwinds, broad US Dollar weakness continues to support relative value FX carry, selective local rates receivers, and defensive sovereign credit carry.

Emerging Markets Weekly Kickstart thumbnail

Emerging Markets Weekly Kickstart

Goldman Sachs·Aug 7, 2026

MSCI EM finished the week flat as broadening performance in cyclicals and commodities offset weakness in the Tech sector. Second-quarter earnings continue to track higher than initial expectations, supporting positive earnings revisions.

Emerging Market Weekly Pulse thumbnail

Emerging Market Weekly Pulse

Crédit Agricole CIB·Jun 17, 2026

This report outlines the potential for shifting market sentiment as the US and Iran move toward a ceasefire. It highlights diverging EM central bank policies and specific strategies for Brazil, South Africa, and various Asian markets.

Emerging Market Equities thumbnail

Emerging Market Equities

UBS·May 21, 2026

UBS maintains an Attractive rating on EM equities with a 1,820 target for Dec 2026, driven by a 58% earnings growth forecast and the global AI buildout. Prefer exposure to China tech, South Korea, Indonesia, and Malaysia while downgrading Brazil to Neutral.

Weekly Investor Research thumbnail

Weekly Investor Research

Ashmore·May 13, 2026

Emerging markets equities surged nearly 7% driven by AI tech demand, despite ongoing geopolitical stalemates in the Strait of Hormuz and Ukraine. Central banks are increasingly intervening in FX markets to stabilize local currencies against a backdrop of volatile oil prices.

The EM Trader: School's Back, More Upside Ahead

Goldman Sachs·Sep 3, 2026

August 2026 Performance Review

Deutsche Bank·Sep 1, 2026

August 2026 Performance Review

Deutsche Bank·Sep 1, 2026

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