BN 05/30 07:03 *RUSSIA, CHINA ISSUES MOSTLY PRICED IN, PIMCO'S MAISONNEUVE SAYS
BN 05/30 07:01 *UNDERWEIGHT INVESTORS SHLD ADD TO EM STOCK POSITIONS: PIMCO
BN 05/30 06:59 *EMERGING STOCK VALUATIONS ARE INEXPENSIVE, PIMCO SAYS
BN 05/30 07:01 *UNDERWEIGHT INVESTORS SHLD ADD TO EM STOCK POSITIONS: PIMCO
BN 05/30 06:59 *EMERGING STOCK VALUATIONS ARE INEXPENSIVE, PIMCO SAYS
Underweight Investors Shld Add to EM Stock Positions, Pimco Says
2014-05-30 07:18:02.194 GMT
By Weiyi Lim
May 30 (Bloomberg) -- Valuations are inexpensive, while
difficulties in Russia and China’s steep slowdown in growth are
mostly priced in, PIMCO deputy CIO Virginie Maisonneuve writes
in May report.
* ’New Neutral’ outlook may help reverse some of concerns
about tapering and policy in developing nations
* Key differentiator in EM performance will be country ability
to use interest rates to manage economies and limit upward
pressure on currencies
* Expect bouts of volatility surges that coincide with
unexpected pressures given world has delicate economic and
geopolitical balance
Link to Company News:{21429Z US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Weiyi Lim in Singapore at +65-6212-1886 or
wlim26@bloomberg.net
To contact the editor responsible for this story:
Richard Frost at +852-2977-6607 or
rfrost4@bloomberg.net
2014-05-30 07:18:02.194 GMT
By Weiyi Lim
May 30 (Bloomberg) -- Valuations are inexpensive, while
difficulties in Russia and China’s steep slowdown in growth are
mostly priced in, PIMCO deputy CIO Virginie Maisonneuve writes
in May report.
* ’New Neutral’ outlook may help reverse some of concerns
about tapering and policy in developing nations
* Key differentiator in EM performance will be country ability
to use interest rates to manage economies and limit upward
pressure on currencies
* Expect bouts of volatility surges that coincide with
unexpected pressures given world has delicate economic and
geopolitical balance
Link to Company News:{21429Z US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Weiyi Lim in Singapore at +65-6212-1886 or
wlim26@bloomberg.net
To contact the editor responsible for this story:
Richard Frost at +852-2977-6607 or
rfrost4@bloomberg.net