Emerging markets are favoured destinations for global investors
Emerging markets are favoured destinations for global investors
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Asia-Pacific investors boosted their overweight positions in energy and technology to 33% each. Investors scaled back their underweight positions in industrials and materials. Fund managers scaled back their exposure to utilities, telecom and banks.
Edited excerpts from a report by Bank of America-Merrill Lynch. Comment at mintmoney@livemint.com
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