Emerging market specialist Somerset Capital Management has said this year could be even more difficult for emerging market equities, with China suffering "maximum pain" in its stockmarkets.
Investors in EMs were hit with heavy losses last year, particularly at the end of August as China's Shanghai Composite index fell by 8.5%, leading to global repercussions. Volatility since the start...
The US dollar is close to peaking and the risks now seem to be on the downside.
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