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‘Now is the time to start selectively looking for opportunities’However, emerging markets are not one homogeneous investment category. They are spread across various continents, are in different stages of development, have other drivers and face highly diverse political conditions. There’s a huge difference between a country like Brazil, which is faced with a deteriorating macro-economic, fiscal and political situation, and India, where macro-economic figures are improving and Modi is implementing much-needed reforms. This creates investment opportunities.
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