Singapore
EMERGING markets (EM) are the "highest conviction" equity call by Kate Moore, BlackRock Investment Institute's chief equity strategist, thanks to attractive valuations, strong macroeconomic fundamentals and earnings.
Yet, US investors remain fearful of exposure to the region, with more than half of individual investors having no exposure at all to EM equity or debt, says Ms Moore.
"Individual investors have been very reluctant to add exposure even in the last 18 months when we've seen improvement in profitability and realisation of some structural reform. This is a very big wall of worry they need to climb, and I think there is potential opportunity for further reallocation."
She adds:...
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