Global emerging markets funds have decreased their exposure to Africa and the Middle East from 12.6%...
Global emerging markets funds have decreased their exposure to Africa and the Middle East from 12.6% down to 12.01% which is the lowest level in the past six months, according to the latest country weightings report from equity fund research group, eMergingPortfolio.com. From a sample of 69 funds domiciled around the world, exposure to Asia has increased from 43.64% to 44.27% while exposure to Latin America is down from 26.14% to 26.03% and exposure in Europe is down from 14.93% to 14.7%. Average cash levels are up from 1.98% to 2.51%. According to Ian Wilson, head of fund research, Korea...
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