Back in the saddle
Category: Asia, Global
By Hui Ching-hoo
Emerging Asia was due for a cyclical slowdown
Emerging market (EM) funds bore the brunt of a range of downside factors last year, including US monetary easing, China’s GDP slowdown, and geopolitical tension. Asian EM economies have yet to find their way out of the woods, by and large; which explains why about US$11.3 billion worth of US-based ETF divestiture from EM equities and bonds were seen in the first two months of this year
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