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.
To read this article in full, please go to http://www.profit-loss.com/?q=node/27043
About Me
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- Joy Macknight
- I am former editor of The Banker, a Financial Times publication. I joined the publication in August 2015 as transaction banking and technology editor, was promoted to deputy editor in September 2016 and then to managing editor in April 2019. The crowning glory was my appointment as editor in March 2021, the first female editor in the publication's history. Previously I was features editor at Profit&Loss, editorial director of Treasury Today and editor of gtnews.com. I also worked on Banking Technology, Computer Weekly and IBM Computer Today. I have a BSc from the University of Victoria, Canada.
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