BAM: Emerging markets still undervalued

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GLOBAL - Emerging markets will continue to outperform developed markets due to higher growth prospects and lower valuations, according to Baring Asset Management (BAM).

The asset class has already outpaced developed markets by more than 20% in the last 12 months and by 5% over the past three years, says BAM. The fund manager believes that market dives during th...

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