Investing.com– Investors stayed bullish on emerging markets, an HSBC study revealed, with Asian currencies being the most chosen property class in the sector in the face of falling U.S. interest rates and yields.
Bullish positions on EMs fell to 38% in August-September from the prior study’s 40% revealing, HSBC stated, with a bulk of financiers staying favorable on the sector. The study covered 121 financiers from 119 organizations with holdings of about $430 billion in EM properties under management.
49% of participants were neutral on EMs, while 13% were bearish.
Asia is the most chosen area amongst EM financiers, the study revealed, specifically in the foreign exchange sector. Regional currencies are anticipated to advantage considerably from increased yield differentials, as the Federal Res