BlackRock Finds Emerging Markets Can Withstand Political Noise
- Emerging markets better valued than ‘everything else’
- Money manager says risks pale to Crimea invasion, Arab Spring
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Rising political risks during the global economy’s most important week of the year shouldn’t deter investors from emerging markets, according to the world’s largest asset manager.
While Argentina, Turkey, Brazil and Mexico have seen big price swings in the past few weeks, most developing nations appear on solid footing, said Isabelle Mateos y Lago, the chief multi-asset strategist at BlackRock Investment Institute. A proprietary indicator from BlackRock Inc.’s analysis unit shows investors perceive the world as riskier than the all-time average, but not at levels seen during the invasion of Crimea or the Arab Spring.