Hermes EM head urges challenge to consensus on rate rise impact
Gary Greenberg, head of emerging markets at Hermes, said fears over the impact of a US interest rate rise seem excessive and investors need to question the consensus.
Greenberg (pictured), who runs the £350m Hermes Global Emerging Markets fund, said the view that a rate rise would be negative for markets has been exacerbated because it is a significant consensus position....
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