Wayne Bowers is chief investment officer covering Asia Pacific, Europe, the Middle East and Africa for Northern Trust Asset Management, where he has worked since 1999. The firm has $900 billion in assets under management and offices across 20 international locations. He discusses the implications of the US Federal Reserve’s more dovish stance and China’s capital market reforms.
Q The Fed appears to be backing off from raising interest rates. What impact is this having on emerging markets EM
A Investors are starting to close out their underweight EM positions. We saw this start about one to two months ago when it became clear there weren’t...
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