GLOBAL MARKETS: Emerging markets back in favour
28 January 2021 - 05:00
Investors have piled billions of dollars into emerging-market (EM) assets at the start of 2021 after a banner end to last year, showing how the flood of central bank stimulus continues to drive a frantic hunt for returns.
A group of 30 major developing countries has attracted $17bn in inflows in the first three weeks of January alone, according to a Financial Times analysis of daily data from the Institute of International Finance...
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