Emerging markets have borne the brunt of the slowdown in world economic growth as all but the most d...
Emerging markets have borne the brunt of the slowdown in world economic growth as all but the most dedicated investors have focused elsewhere, says Radhika Ajmera, head of global emerging markets strategy at Aberdeen Asset Management. Year to 28 September, the Brazilian Bovespa Stock Index returned -39.82% and the Argentinean Merval Index -54.29%, both in local currency terms. Even the Mexican Bolsa Index, generally accepted as the strongest Latin American market at present, fell 16.83% over the period in question. 'The main concerns have been threefold: the weak global economy, la...
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