Emerging market crisis will be 'double edged sword' for developed world

Stephanie Baxter
clock

The emerging market (EM) crisis sparked by China's economic slowdown will be much more damaging for developed markets than the 1997 Asian financial crisis, warn investors.

Global equity markets have suffered major falls in recent days following China's surprise decision to devalue its currency in a bid to prop up the country's slowed growth. Fidelity Worldwide In...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

 Stories of the week: Schroders Solutions; TPR; Bulk annuity deals

Stories of the week: Schroders Solutions; TPR; Bulk annuity deals

MNRPF replaces WTW with Schroders Solutions; TPR: Stakes have 'never been higher' for schemes; 'Record' number of bulk annuity deals predicted

Sarka Halas
clock 24 May 2024 • 1 min read
FCA approves Legal & General's first private markets LTAF

FCA approves Legal & General's first private markets LTAF

DC-focused strategy to launch this summer

Valeria Martinez
clock 22 May 2024 • 1 min read
Exclusive: Schemes voice concern over regulatory pressure

Exclusive: Schemes voice concern over regulatory pressure

Increased fears over red tape come as worries over inflation and potential recession subside

Jonathan Stapleton
clock 21 May 2024 • 7 min read
Trustpilot