Much scepticism still remains about investing in emerging markets following a turbulent time in the ...
Much scepticism still remains about investing in emerging markets following a turbulent time in the 1990s. But these issues are in the past and emerging markets have now come of age, according to Nick Timberlake, global head of emerging markets at HSBC Investments' Halbis Partners. Emerging markets have had their fair share of troubles in the 1990s, not least the Asian financial crisis in 1997-1998, the Mexican devaluation in 1994 and the Russian default and LTCM in crises in 1998. Timberlake said: "However, because governments in various emerging markets underwent various reforms, emergi...
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