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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Wednesday, March 14, 2012

FM vs. EM

Sam Vecht, head-emerging markets, BlackRock, find that frontier markets (FM) including Bangladesh are more attractive than emerging markets (EM) because of better demographics, lower debt, high dividend yield and low valuation.

Here is the link of his interview. 

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