comparemela.com

Latest Breaking News On - Bloomberg economicsthe - Page 1 : comparemela.com

Money Managers Say It s Time to Get Picky in Emerging Markets

(Bloomberg) Emerging-market investors are turning more selective as last year’s everything rally splinters under the weight of higher inflation expectations.Exposure to U.S. growth and the impact from higher commodity prices are some of the criteria used by money managers from JPMorgan Asset Management to State Street Corp. Mexico, South Africa and Taiwan rank among the top choices as firms pare back their bullish bets for developing-nation assets, according to recent surveys.“There is still meaningful scope to generate returns within EM as long as investors are able to differentiate,” said Tai Hui, chief Asia market strategist at JPMorgan Asset Management in Hong Kong.Investor enthusiasm toward emerging-market assets has waned this year as Covid-19 infections engulf nations from India to Brazil while Treasury yields push higher amid rising price pressures. The MSCI Emerging Markets Index has slid almost 10% since its mid-February high and the Bloomberg Barclays

Litmus Test Awaits Emerging-Market Stocks After Seven-Week Rally

Litmus Test Awaits Emerging-Market Stocks After Seven-Week Rally Bloomberg 12/21/2020 Justin Carrigan, Farah Elbahrawy and Livia Yap © Bloomberg Figures for various Stock Exchange of Thailand (SET) indices are displayed on an electronic board at the bourse in Bangkok, Thailand, on Monday, Oct. 26, 2020. (Bloomberg) Emerging markets may have their work cut out sustaining one of their strongest final quarters in more than a decade. Popular Searches Prospects for a U.S. stimulus windfall, a successful roll-out of Covid-19 vaccine programs, a commodity-price boom and even a possible Brexit trade deal were enough to keep the rally on course last week. Indexes of stocks, currencies and bonds registered their seventh successive weekly advance, taking the gain on the MSCI Inc. equity gauge since the end of September to more than 17% on Friday.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.