With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM equity fund to China, while reducing India to less than half that, according to Edward Evans, a London-based EM equities portfolio manager. He cites a divergence in valuations as the main reason for the decision.
Why Donald Trump must let Jerome Powell do his job
Donald Trump’s criticism of Jerome Powell raises concerns. This interference could destabilize the economy. GDP projections are down. Inflation and unemployment are rising. Powell is
June 28, 2025