LONDON (Reuters) – Emerging markets may well appear cheap again after years of attrition, but there’s considerable trepidation about venturing back out to the developing world until the financial and political storms have finally lifted.
Global investors have tiptoed back into emerging assets over the past six weeks at least partly on hopes that the gut-wrenching New Year shakeout may have been a final capitulation after three years of downdrafts and disappointments.
Source: Investing.com (30 March 2016)