Bank of America said that as more and more signs show that emerging economies have resilience, there may be a larger scale of fund inflows into emerging markets at the beginning of next year, which will further drive funds away from US assets. "People will become more optimistic at the beginning of next year because they will confirm that the impact of trade tensions on the economy will be limited," said David Hauner, head of global emerging market fixed income strategy at Bank of America. "Even small-scale diversified investment flows from the United States could have a very significant effect." Hauner has maintained a bullish stance on emerging markets since the first quarter. He believes that this asset class will benefit from a weaker US dollar, further interest rate cuts by central banks around the world, and historically low allocations to emerging markets by global funds. Hauner said that Brazil, Mexico, Colombia, Turkey, and Poland will be the main beneficiaries of foreign fund inflows. (Jinshi)