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Oil and reforms are driving an EM rebalancing

Oil and reforms are driving an EM rebalancing

Falling oil prices and the adoption of reform agendas means Asia could soon account for three-quarters of the MSCI Emerging Markets Index, said Catherine Yeung, investment director for Asia ex-Japan equities at Fidelity Investments. Asia’s portion of the MSCI Emerging Markets Index was about 25% during the late 1990s, Yeung said, speaking at the Fund Selector Asia Investment Forum


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