EM liquidity: relief is at hand – but of the wrong kind – beyondbrics - Blogs - FT.com:
"Are liquidity conditions in emerging markets about to improve? A new report from CrossBorder Capital, which has been monitoring liquidity in DMs and EMs for a quarter of a century, offers cautiously positive evidence suggesting relief may indeed be at hand.
But “cautious” is the word. Mike Howell of CrossBorder Capital told beyondbrics: “It may not be hugely bullish news but it certainly isn’t bearish. It’s at least supportive of better market conditions.”
Given the extent to which market conditions have tightened, however, even limited support will receive an enthusiastic welcome from many market participants."
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