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In a trading market, assets are not transformed but are simply transferred from one investor to another.
This prompted a rush out of emerging market assets, perhaps the more significant story yesterday.
Prices of commodities, including gold, slumped and emerging market assets took a pounding.
Investors have been massively reducing their investment in emerging market assets to rebalance their stakes in U.S. and European markets.
Within the equities space, we tend to prefer high-yielding or dividend-paying stocks, and in emerging market assets, we recommend North Asia.
International monetary reserves are mainly gold, or "money market assets" in some country whose currency is widely used, such as the United States dollar.
Similar(19)
That could support emerging-market assets, especially bonds, he said.
Commodity prices and emerging-market assets might also be prone to new speculative bubbles or crashes.
Emerging-market assets make up only 2.1% of all money invested in American equity mutual funds.
Too many others chose expedient fire sales, especially of emerging-market assets.
Should investors get out of emerging markets, then? A. Emerging-market assets should continue to be under pressure.
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