(Oct 5): Emerging-market equities look set to rally up to 15 percent over the next six months as developing-nation assets close the performance gap with their U.S. peers, according to JPMorgan Chase & Co.

Key macroeconomic risks like the trade war are largely priced in to the asset class, according to JPMorgan. Meanwhile, developing-nation growth is on track to converge with economic expansion in the developed world next year, Marko Kolanovic, the bank’s global head of macro quantitative and derivatives research, said in an interview Thursday on Bloomberg TV.