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EDITORIAL

Despite low valuations, EM investors should tread cautiously

Thursday, January 21, 2016 - 05:50

THERE appears to be no respite to the malaise weighing down global emerging market (EM) equities.

The region as an asset class has underperformed developed markets for five years by now and the carnage in the first few weeks of January has deepened losses. In the current year-to-date, the

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