Harding Loevner Emerging Markets Equity Strategy’s Q1 2023 Investor Letter

Harding Loevner, an asset management company, released its “Emerging Markets Equity Strategy” first-quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy returned 3.3% net of fees compared to a 4.02% return for the MSCI Emerging Markets Index. The fund rose as investors weighed the global economic risks related to higher interest rates and prospects for China’s economic recovery. In addition, please check the fund’s top five holdings to know its best picks in 2023.