INSUBCONTINENT EXCLUSIVE:
group.
Valuations have tumbled this year as the MSCI Emerging Markets Index slid into a bear market and a gauge of bonds headed for its
worst year since 2013 amid speculation that developing nations would be hurt by rising interest rates in the US, global trade tensions and a
year: the Argentine peso (which has lost 49 per cent), the Turkish lira (down 33 per cent) and the Brazilian real (11 per cent
weaker).
Still, Finkelstein said he remains concerned by the deteriorating relations between China and the US, which is leading to a more
