Emerging markets back in favour

NEW YORK - The market is willing to invest in emerging markets (EM) with strong economic fundamentals, according to panellists at the FX Week USA congress in New York last week (July 7).

If fundamentals continue to improve in Asia and South America, Jonathan Butterfield, executive director at CLS Bank, said emerging markets will be fully back on the agenda in six months.

Samarjit Shankar, director of global strategy for the Bank of New York Mellon, has already seen renewed interest in the EM

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