Fund Managers

BoA Merrill seeks fresh angle to tap EM consumption

Given recent price performance and valuations of emerging market consumer companies, the bank has identified 22 large-cap stocks in the US and Europe with leverage to the EM consumer.

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The Chinese yuan is:



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Overvalued versus the dollar
  22%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  28%
TOTAL VOTES: 67
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May 2012 Magazine
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Consumer-bank distributors speak
Hedge funds: the next generation