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June 27, 2016

Fund manager bets on emerging markets as more consumers start shopping online

  • This ETF owns all of the publicly traded internet companies in the developing world.
    • By ALEX VEIGA
    AP Business Writer

    LOS ANGELES — Funds that focus on companies that serve emerging markets have been mostly faring better after a rocky start to the year and a lackluster 2015, when worries about China's economic woes and volatile prices for oil and other commodities weighed on the category.

    But what are the prospects for gains this year?


     
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