![All Episodes Edit Vooruitkijken met Han Dieperink: van incoherente ESG-wetgeving tot kansen in oorlogstijd.](https://images.investmentofficer.com/cdn/ff/u6xopXpbmaA0S7M3nt3xEnFK_NzuH9WBzZfn0Cj4se0/1720017265/public/styles/medium/public/Podcast%20hoofdbeeld_0_0.jpg?itok=6kQQc1GV)
Emerging market stocks disappointed last year, but it’s worth looking under the bonnet of the headline market return to see the full picture. Global equities enjoyed a third consecutive year of robust returns in 2021, in what some commentators dubbed “the everything rally”. Everything except emerging market (and Japanese) equities, that is