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Back to News Growth worries hit emerging markets
13 October 2014
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Growth worries hit emerging markets

13 October 2014

Friday’s selling was not linked to a particular catalyst, but a continuation of the concern about valuations amid questionable global demand. It smells like there is a high degree of involvement from systematic traders, rather than fundamental traders. The magnitude of the move has been disproportionate to the change in the fundamentals.

Andre Delport

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