EMs Driven By DM Policies: Peter Elston
  • Elizabeth George
  • Oct 08 2013

October 8: One needs to distinguish between monetary and fiscal policy, says Peter Elston, Head of Asia-Pacific Strategy and Asset Allocation at Aberdeen Asset Management Asia. Emerging markets are largely driven by monetary policy in the developed world, he says, pointing out the major impact on EMs due to the QE taper talks and their subsequent delay.