UBS Analyst Who Called Emerging-Market Rout Sees Gain Fading

Updated on
  • South African rand, Colombian peso among leaders in decline
  • Rally in emerging markets driven by unwinding of bearish bets

The one-month long rebound in emerging-market assets is poised to reverse, according to Bhanu Baweja, a UBS Group AG strategist who correctly called this year’s rout.

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