Correspondent, London
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Jan 31, 2014

European funds cut emerging Europe, Asia exposure

LONDON (Reuters) – Continental European funds cut equity and debt exposure to emerging Europe and Asia in January as they braced for a volatile start to 2014 driven by expectations of further cuts in U.S. stimulus.

A Reuters poll of 19 European fund managers, released on Friday, also found investors boosted equity exposure to Britain, the euro zone and Japan while cutting North America.

Jan 31, 2014

Financial flows put rich countries at risk from emerging market turmoil

LONDON, Jan 31 (Reuters) – Any spill-over damage to the
developed world from a sell-off in emerging markets is likely to
come through violent swings in financial flows rather than via
lost trade, with Japan seen as most vulnerable.

Tokyo stocks, which rely heavily on fickle flows from
foreigners, have seen the third worst start to a year in the
past half century, partly as investors sought to make up for
losses in emerging markets by pulling out of Japan.

Jan 31, 2014

Top investors cut emerging Asia debt; favor developed stocks: Reuters poll

LONDON (Reuters) – The world’s top investors kicked off the new year by cutting emerging Asian bond holdings to a 2-1/2 year low while keeping relatively high weightings in euro zone stocks, a Reuters poll showed on Friday.

The survey of 51 leading investment houses in the United States, Japan and Europe also showed investors were at their most optimistic on equities since December 2010, highlighting their confidence in the recovery led by developed economies.

Jan 31, 2014
Jan 31, 2014

Top investors cut emerging Asia debt; favour developed stocks

LONDON (Reuters) – The world’s top investors kicked off the new year by cutting emerging Asian bond holdings to a 2-1/2 year low while keeping relatively high weightings in euro zone stocks, a Reuters poll showed on Friday.

The survey of 51 leading investment houses in the United States, Japan and Europe also showed investors were at their most optimistic on equities since December 2010, highlighting their confidence in the recovery led by developed economies.

Jan 30, 2014

Currency rout abates as policymakers offer support

RIO DE JANEIRO/LONDON (Reuters) – A sharp emerging market sell-off appeared to subside on Thursday as Latin American currencies opened higher while Russia’s rouble and Turkey’s lira rebounded after policymakers pledged to take any necessary measures to stabilize their markets.

Investors were on the watch for additional dollar outflows from developing nations but traders said recent panic selling had abated for now as markets digested the U.S. Federal Reserve’s widely expected decision to cut bond purchases by another $10 billion (6 billion pounds) on Wednesday.

Jan 30, 2014

Central banks step in again as emerging currencies resume rout

LONDON, Jan 30 (Reuters) – The Russian rouble hit record
lows against the euro on Thursday and currencies in South Africa
and Hungary hit multi-year troughs in the latest wave of an
emerging market asset sell-off threatening global economic
stability.

India’s finance ministry also said the country would take
any steps necessary to ensure financial market calm.

Jan 30, 2014
Jan 30, 2014
Jan 30, 2014

Central banks fail to stop emerging asset rout

LONDON, Jan 30 (Reuters) – Investors on Thursday shrugged
off central bank efforts to shore up battered emerging markets,
selling stocks and bonds and further weakening tumbling
currencies.

It added pressure on more countries to raise interest rates
to seek a halt to a major capital flight.

    • About Natsuko

      "Since joining Reuters as a graduate trainee in 2000, Natsuko has reported on issues surrounding global financial markets, monetary policy and central banking from Tokyo, Singapore, London, Paris, Madrid, Davos, Dubai, Moscow and Istanbul. She won the Reuters best scoop of the year in 2007 for a story on China's foreign exchange reserves policy and was also given State Street\'s best journalist of the year award in the same year. Currently based in London, she covers global investment issues and sovereign wealth funds on the Investment Strategy Desk."
      Joined Reuters:
      2000
      Languages:
      English, Japanese, French
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