Emerging market investors prefer consumer-oriented stocks
Emerging market investors prefer consumer-oriented stocks
Strong macro headwinds and uncertainty on global growth kept investors bearish in November, shows a Bank of America-Merrill Lynch survey. Despite broad risk aversion, investors became more constructive on emerging market (EM) due to the relative growth potential, policy options and equity underperformance. Sentiment improved on China.
Also See | Back On Top (PDF)
Edited excerpts from a report by Bank of America-Merrill Lynch. Comment at mintmoney@livemint.com
PDF by Sandeep Bhatnagar/Mint
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!