Since it overheated in 2011, following a four-year bull phase that was characterised by expensive equities and an overvalued currency, the Vietnamese economy has been turned around in classic monetary and fiscal fashion.
Conditions may worsen
BlackRock co-global head of equities Nigel Bolton said emerging markets are under the greatest stress compared to other regions, but he is eyeing a turnaround next year.
Giving manager extra flexibilities
Filed to cancel register listing
Buys into Latin American fund
Up from 10% in August
Commodity price decline causing divergence
Will close on 14 January