LONDON, May 31 (Reuters) - A decline in labour growth and expected fall in the working age population will be a drag on emerging economies already suffering from fading growth prospects, BlackRock's Global Head of Emerging Markets Amer Bisat told Reuters.
"Demographic used to be a tailwind in emerging markets.
The golden age for emerging markets, which started at the turn of the century, had come to a swift end after the 2008 financial crisis, Bisat said.
While the asset class remained "investable and interesting", the days of putting money to work in all emerging markets assets are over.
Bisat also said BlackRock's emerging markets team was focused on building a research library, to include both better data and models on how to use and analyse it.
Persons:
BlackRock's, Markets Amer Bisat, Bisat, Karen Leiton, Jorgelina, Rosario, Karin Strohecker, Emelia Sithole
Organizations:
Markets Amer, Reuters, Labor, Thomson
Locations:
Mexico, Brazil