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J. Safra Sarasin: EM equities to continue “stellar” run

J. Safra Sarasin believes that emerging market (EM) equities will continue to edge higher, following a “stellar performance” in the year to date. “The good news is that this stellar performance mainly reflects a turbocharged acceleration in earnings growth which shows no signs of petering out,” the bank said in its latest investment note. The MSCI EM index delivered total…

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