BlackRock emerging market share optimistic about the performance of the long-ter

Blackrock pointed out on Wednesday that emerging markets' recent prominence was the start of a longer-term trend, with BlackRock taking an over-allocated position in emerging markets.

MSCI Emerging Emerging Markets rose 31% this year, valuing the highest since 2010, but BlackRock think-tank, a research division of BlackRock, said emerging markets are still trading at a 24% discount to developed markets. BlackRock think tank says it looks cheap in relative terms.

Fear of rising interest rates in the United States may affect investors' interest in emerging markets. Emerging markets have been volatile in recent days and emerging currencies have plummeted. However, BlackRock said emerging markets still have room to rise.

BlackRock pointed out that a number of supportive factors, including structural reforms will increase profitability, global synchronous growth to enhance demand, and stimulating fiscal and monetary policies.

BlackRock acknowledged that if the surge in the dollar threatens to give them a boost to emerging markets, BlackRock believes the dollar will appreciate only slowly and is expected to have limited impact on most emerging markets.