After a blistering two month period where the Ibovespa rallied 24% in USD terms (EWZ, quote) and the Istanbul XU 100 Bourse (TUR, quote) rallied 3-% we have downgraded these top overweights 20% and raised Russia (RSX, quote, 9% from 6.5%) and Korea (EWY, quote,14% from 12.3%) on underperformance.

Emerging_Markets_MapWhile we feel the political winds of change are positive for Brazil...


To Login to Read Full Article


Not a member yet?
Plans & Pricing



Leave a Reply