Emerging-market equities still have room to rise, but EM bonds face potential problems that could scupper their rally, says Tai Hui, the fund house’s chief market strategist for Asia.
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Market opinion over the timing of tapering is divided, but even expectations of it are expected to divide better-placed North Asian markets from their South and Southeast Asian counterparts.
The firm appoints Tai Hui from StanChart in a client-facing role as chief Asia-Pacific strategist for its funds business. His team may look to cover more alternative strategies.