Monday, September 28, 2015
Emerging Markets Sentiment Summed Up...
The number of money managers with “underweight” positions in emerging markets touched a 10-year high, according to September’s monthly survey of fund managers from Bank of America Merrill Lynch. “It is too early to call a bottom in emerging markets, but valuations now appear attractive,” says Ursula Marchioni, chief strategist at BlackRock’s iShares ETF division.
Posted by Bud Fox at 6:38 PM