Emerging Markets – Victims of Tapering? by Mikio Kumada, Global Strategist at LGT Capital Management
When US Federal Reserve Chairman Ben Bernanke on 22 May suggested that quantitative easing, or QE, could be eventually phased out under certain circumstances in the not too distant future, turmoil broke out in the financial markets, lasting until late June. Emerging markets equities were particularly hard hit. But should…
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