BlackRock Sees Emerging Stocks Almost Recouping Last Year's Loss

In the face of slowing global growth, the Federal Reserve is unlikely to raise rates this year, causing the dollar to weaken and improving the flows into emerging markets, said Fraser, global emerging-market equities fund manager. “Markets should recoup most, if not all, of their losses from last year,” Fraser, who is based in Hong Kong and helped manage the firm’s approximately $40 billion of active EM equities as of the end of 2018, said in a phone interview.

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