Brandes Canada expanded as an investment sales platform under the name Bridgehouse Asset Managers. Brandes moved its Europe office from Geneva to Dublin and opened its first Asia-Pacific office in Singapore.
Around this time
To Taper or Not to Taper
Speculation on the U.S. Federal Reserve’s tapering plan affected international equity markets, especially emerging markets. At the end of 2013, valuations for the MSCI EM Index* were near pre-2008 crisis levels.
*Past performance is not a guarantee of future results. It is not possible to invest directly in an index. The MSCI Emerging Markets Index with gross dividends measures equity market performance of emerging markets. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.