BlackRock is the world's largest money manager, an MD there recommends emerging markets
- "EM is no longer the hated asset class that it used to be"
- "You'll wake up 10 years from now and finally pension funds, insurance companies and other investors will have increased their allocations."
- Expects emerging markets to expand at a faster rate than most DMs
- Chinese growth will probably rebound in the second half of 2019, providing a tailwind to riskier securities.
The report is on Bloomberg, link