Heroes Go Missing in Emerging Markets as Rout Creates Value
- Gap between emerging-market and G-7 implied volatility widens
- U.S. stocks won’t be immune from contagion, AMP Capital says
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There are bargains everywhere in emerging markets, but few investors brave enough to grab them.
PineBridge Investments says would-be buyers should bunker down for a time, while AMP Capital Investors Ltd. says the price action suggests the sell-off has further to go. Aberdeen Standard Investments is worried that markets are failing to take heart from the flat-lining dollar.