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Emerging Markets

Emerging Market Tech Stock Boom Gives Fund Managers A Headache

by reuters.com posted 10months ago 150 views
The soaring market capitalisation of a handful of companies such as China’s Alibaba and Tencent is steadily lifting their weighting in the MSCI emerging equities index. This means investors in funds that track indexes - who want exposure to a range of companies for a lower fund management fee - are finding themselves increasingly exposed to a single sector.