Yes my point is more that the countries producing those titles would still be considered Emerging
Brother we take all our compute from those so-called Emergents 
They’re emerging markets. Not emerging industries.
Right now, I would say the US, that produce a lot of the technological stuff we use, have become an emerging market when it comes to political stability and actual market regulation. 
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XMME is absolutely smashing recently. Outperforming US since 3 years. Thanks to the Koreans I guess
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It’s actually this year that it started going well. At least vs vwrl
| Taiwan Semiconductor Manufacturing Co., Ltd. | 14.15% |
|---|---|
| Samsung Electronics Co., Ltd. | 7.14% |
| SK hynix, Inc. | 5.21% |
| Tencent Holdings Ltd. | 3.09% |
| Alibaba Group Holding Ltd. | 2.41% |
just to let you know
XMME is available in the Neon App: Sparplan without trading fees
The funniest presentation of a bank I’ve ever seen:
There are even ducks on page 44!
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Goose 
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Not really a bank tho 
it’s a mix of VC/IT company.
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I would be tempted to think it’s a fake but it is Softbank we’re talking about, they’re the Credit Suisse of venture capital, it’s amazing they still find capital to finance the companies they select…
Slides 44 to 49 are amazing by the way, my mind is blown. Who would have thunk? 
Marvelous
Anyway I trust them more than Musk with its BS.
With my gambling money I am tempted for a long SB short SpaceX
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With all this drama in US IPOs, Iran war kind of getting over, maybe Ukraine discussions will start at some point, what’s the prediction for 2026 performance?
So far US stocks have underperformed ex-US in 2025 and also in 2026 YTD. Would this continue for rest of 2026?
Answer: He fired Elections Officials.
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I am sure people will find a way to rationalise even this. And then investors are worried about law and order in China
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I believe most investors who are worried about law and order in China are also worried about the state of the US right now?
Are there people investing only in developped markets with the US at their normal weight (or overweight) as the result of a conscious decision not focused on purely costs (excluding US investors themselves)?
Edit: as an aside, I believe the developpment of UCITS ex-US funds these last years hasn’t come by happenstance. It’s happening because there is a market for them, hence, investors not being purely at ease with the US at their market weight (aside from those who do it for withholding tax reasons, for example using a swap fund for their US allocation).
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I don’t think so. Because China is a threat as it „might“ invade Taiwan. US invasions are normalised so don’t matter anymore and people have lost count by now.
Similarly law and order have different definitions, insider trading and political interference too. Investors always find a way to rationalise their own investments.
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I disagree, I think the key issue is that the market doesn’t trust Chinese reporting of financial information. The Taiwan invasion risk is a geopolitical risk at first, and financial markets risk comes as a second. Also, wouldn’t say that US invasions are normalised, certainly not in Europe outside the UK. This is in my opinion of course.
Again I disagree, nobody said it’s not done, and done everywhere - the international shock at the blatant insider trading under Trump was a shock exactly because of the openness (eg Trump laughing on camera that Charles Schwab made billions a bit after his “time to buy” tweet), not because anyone didn’t think it happens at all.
Depends how you see it, one can say “rationalise” (a negative connotation), another can say “being pragmatic” (neutral, at worst).
Market doesn’t trust Chinese reporting standards or market doesn’t want to trust? I think who to trust depends on who is trusting. It’s obvious US investors will trust US more than China. And right now there are more US investors.
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