Fund Managers Concerned Over Emerging Market Risk – Survey

23 February 2014
In a complete reversal from five years ago, when fund managers considered the emerging markets as “safe” and banks as “toxic”, EMs are now considered to be the biggest risk to financial market stability. According to the BofA Merrill Lynch Fund Manager Survey for February, 75% of respondents indicate EM risk as the greatest threat, while developed market counterparty and default risk is viewed as minimal.

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