Do you own the asset that beat the US market by 15pc in 2025?
by Michelle Bowes · Australian Financial ReviewMichelle BowesWealth reporter
Mar 16, 2026 – 5.00am
The last time emerging market equities roared, reality TV was in its infancy and Britney Spears was famous for the right reasons. It was the early 2000s, in the period just after the dotcom crash.
History may not repeat itself, but it often rhymes and now, in the midst of the AI boom-software bust, emerging markets are surging again.
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Michelle BowesWealth reporterMichelle Bowes writes about personal finance from our Sydney newsroom. She has been a business journalist for 25 years and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
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