UBS CEO sees investors exiting EM assets faster than environment justifies, emphasizes importance of country-specific decision-making.
By Manus Cranny, Bloomberg, Michael Patterson, Bloomberg|February 04, 2014 at 06:04 AM
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The selloff in emerging-market (EM) assets that sent the benchmark equity index to the lowest valuation since the 2008 financial crisis may have gone too far, according to UBS AG Chief Executive Officer Sergio Ermotti.
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