Emerging market fundamentals mean investment still makes sense, says Sarb deputy

Night-time waterfront view of Durban in South Africa

The case for investing in emerging markets is as strong as ever, despite fears over Fed tapering in the coming months, thanks to stronger fundamentals and progress on flexible exchange rates and reserves accumulation, according to South African Reserve Bank deputy governor Daniel Mminele.

Speaking to investors in Cape Town yesterday, Mminele said that although the growth out-performance of emerging countries relative to the developed world has been dwindling, "emerging markets remain the biggest

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