GLOBAL - Investors' allocation to emerging markets should be underweight due to the possibility of a crisis generated by China's credit boom, it has been claimed.
Currently, China is experiencing excessive liquidity driven by capital inflows, coupled with easy lending practices. This environment was similar to that prior to the 1998 financial crisis in Asia....
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here