PGE gets picky about emerging economies
Category: U.S.A., United Kingdom
By Hui Ching-hoo
Emerging markets (EMs) have fallen victim of the US quantitative easing (QE) tapering, which resulted in a capital exodus earlier this year. Principal Global Equities (PGE), an investment boutique of Principal Global Investors (PGI), tends to be more selective when identifying its picks in EM economies because of the variety of the countries’ balance of payments
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