Vulnerable EM prays for a gentle Fed
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Emerging Markets

Vulnerable EM prays for a gentle Fed

The emerging market asset class has been boosted by inflows from a variety of sources from European equity funds to ETFs as investors go in search of increasingly hard to find yield. But as the sharp sell-off in the first half of September demonstrates, investors are easily spooked. Virginia Furness reports on a market steeling itself for the Fed’s next move.

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