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Funds with US$3t taking a rain check on emerging market stocks

Published Tue, Dec 22, 2015 · 09:50 PM
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London

RICH pickings will be hard to find in emerging market shares next year.

That's the conclusion of most money managers as they see off the third successive year of declines that took stock prices to the lowest level in a decade relative to their developed peers and shaved more than US$4 trillion off their value in the last six months alone.

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