Emerging market flows return as investors look for value
Fund managers move from "underweight" to "neutral" on the asset class, saying that selling has gone far enough
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Singapore
AS INVESTORS seek out cheap valuations, a number of emerging markets are enjoying significant net inflows, notably Latin America. In Brazil, markets are already up 26 per cent year-to-date, in US-dollar terms.
Fund managers tell The Business Times that they have turned more positive on the asset class in recent months. A number interviewed have also seen significant flows into their emerging markets strategies this year.
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