Emerging market stock indices have underperformed the broad equity rally this year. They’ve lagged behind not only American, Japanese and continental European equities, but even UK stocks. In sterling terms they’ve barely broken even.
今年新兴市场股票指数表现不佳。它们不仅落后于美国、日本和欧洲大陆的股票，甚至还落后于英国股票。以英镑计算，它们几乎没有盈利。
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