ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today held ...
Read More »Emerging-market carnage swallows Mexico as traders snub earnings
Bloomberg Last week’s $1.3 billion rout in exchange-traded funds focused on emerging markets engulfed even Mexico, where a stellar earnings season was overshadowed by concern that global growth is slowing. Traders pulled $155.2 million from the nation’s flagship iShares MSCI Mexico Capped ETF in the five-day period ending May 6, the most among major developing nations after China, according ...
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