China sees the biggest drop in P/E ratios of the past decade. — Reuters pic
Thailand, Philippines and Taiwan led emerging markets, with gains of more than 50 per cent each over the past decade, while Greece, Turkey and Czech Republic bottomed the list with negative returns. Russia and Czech Rupublic lead the dividend yields league table, while India had the lowest yield. Russia's dividend yield rose to 6.8 per cent at the end of November, compared with 1.6 per cent at the start of 2010. Chile's dividend yield also rose to 3.6 per cent from 1.3 per cent in that period.