Axa Framlington manager foresees growth remaining double that of developed markets
Emerging market economic growth will continue at double the rate of the developed world, according to Axa Framlington's William Calvert. Calvert, who runs the group's Emerging Markets fund, said the slowdown in the US will have little effect on the runaway markets in the developing world. "There is difference between economic and stock market decoupling," he said. "Emerging market economies will continue to grow at a rapid rate. "Yes, stock market investors have got nervous but the quality of companies out there means I am confident they can rebound." Calvert believes one of the b...
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