Emerging markets 'undervalued'

Nov 3, 2011 : Investors in emerging markets have had a difficult year in 2011 and markets are expecting them to underperform the developed world in 2012 in spite of the European crisis and sluggish growth in the US. Jonathan Garner, Morgan Stanley's Chief Asia and Emerging Markets Strategist, says that scares over a hard landing for the Chinese economy and fallout from Europe mean valuations are now cheap
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