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Investors pour into Korea, dump India, Malaysia

Joe Marsh
Despite being extremely bearish on emerging-market equities generally, fund managers are keen on selected Asian markets and the major developed markets.
Investors pour into Korea, dump India, Malaysia

Investors are the most bearish they have been on emerging-market equities for 13 years, while allocations to stocks in the US, eurozone and UK are at multi-year highs, according to Bank of America-Merrill Lynch’s fund manager survey this month.

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