BlackRock: No hurry to buy Asian stocks


PETALING JAYA: BlackRock Inc is starting to see some bargains emerging in Asian equities but the world biggest asset manager is in no hurry to buy stocks in the region, says its managing director and lead portfolio manager, global multi-asset income, Michael Fredericks.

He said it was still cautious over the impact of fund outflows from emerging market last year both in equity and fixed income.

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Business , aminvest , blackrock , emerging market

   

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