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Gresham Partners’ Ted Neild: How We Beat the Index by Ignoring It
Barrons· 2026-01-17 01:12
Emerging markets have crushed U.S. stocks over the past 12 months, with the iShares MSCI Emerging Markets ETF returning more than 39% versus the SPDR S&P 500 ETF Trust's 17%. Ted Neild, citing factors like fading U.S. dollar strength and overseas earnings momentum, says it is no fluke. "We think the setup for emerging markets relative to developed markets is much more constructive than what we saw over the past 10 years,†says Neild, the CEO and chief investment officer at Chicago-based Gresham Partners, a $ ...