BlackRock/iShares - Weekly Commentary: Upgrading EM equities to overweight

Key points
1. We upgrade emerging market (EM) equities to overweight, as global growth expectations pick up and interest rates stay low.

2. Federal Reserve (Fed) officials appear split on policy direction. LIBOR hit seven-year highs ahead of U.S. money market reforms.

3. Fed Chair Janet Yellen may shed light on future policy moves in