Neuberger Berman multi-asset team dampen EM outlook on Trump victory

Neuberger Berman’s multi-asset team has lowered its outlook on investing in emerging market debt and equities, taking a more careful approach following Trump’s presidency. Talking to Investment Week, Erik Knutzen, CIO of the multi-asset class claims that this new approach is due to a rapidly changing environment. The positioning of central banks is altering and there is a potential tapering of stimulus by the European Central Bank, which means that emerging markets are facing some headwinds.