Tom Keene Talks to Bhanu Baweja
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Has there been any slowdown in money flowing to emerging markets?
In the beginning of the year, we (UBS) did see some investors take back some money. But in the big scheme of things, that is really just a squiggle.
Why is that?
We have seen money flowing into emerging markets for the better part of 10 years, and they have outperformed developed markets. I still think we are pretty early in the game.