Equity investors are turning away from the unknown, dumping their emerging assets and holding cash or returning to their domestic markets. But some companies could still attract foreign investors, as long as they are willing to pay up, said Clive McDonnell, Standard Chartered’s chief emerging market equity strategist, on Tuesday.
The widespread rout in stock markets over the last few months has made many companies and bankers reluctant to launch new deals, fearing that investors are unwilling to take on new risk. But there is a price for everything, and McDonnell thinks there are some defensive
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