What will be the impact of the ECB’s massive stimulus programme, which is about twice the size expected by the market consensus, on various asset classes? Five fund houses weigh in.
Tag: M&G
Buying bad EM stories
The emerging markets story about billions of people growing wealthier and adopting Western consumption patterns has sent valuations soaring, and it’s better to buy bad companies that can improve, argues Robert Secker, investment specialist at M&G Investments.
