Mark Asquith, small-cap manager at emerging market specialist Somerset Capital, has warned of a potential "credit event" in the region, admitting he is "tactically concerned" about debt levels.
While the manager, who is lead on the firm's £84m Emerging Markets Small Cap strategy, believes emerging markets could outperform over the longer term, he has warned of an impending credit event which...
The US dollar is close to peaking and the risks now seem to be on the downside.
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