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Pictet WM: Outperformance of emerging market equities “likely to be capped”

Following a strong run, emerging market (EM) equities are unlikely to continue outperforming their developed market (DM) counterparts, according to Pictet Wealth Management. “EM equities are benefitting from the upturn in global growth, with the recent decline in the trade-weighted dollar and a lessening of concerns about Trump protectionism also providing a tailwind,” the bank says in its latest investment…

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