Tag: emerging markets

Review/outlook series: Marino Valensise, global chief investment officer at Baring Asset Management, explains why he's also keen on agricultural commodities and gold. They're bullish on emerging markets, predict the renminbi will be allowed to strengthen and suggest the best exposure to China is through investments outside the country, among ... Growth and net inflows to emerging-market stocks lead this US-based asset manager to strategically overweight the asset class. Two areas that could negatively affect emerging markets are restrictions on world trade and issues thrown up by derivatives, says Mark Mobius of Franklin Templeton. Baring Asset Management’s planned expansion in Hong Kong highlights the importance of China to the firm, says Marino Valensise, global chief investment officer. In the first of a series of investment review and outlook pieces, Northern Trust's chief investment strategist says the group underestimated the rebound in global real estate ... The firm's co-chief investment officer, Julian Mayo, outlines the benefits of investing in Russia, Turkey and Eastern Europe. Long-term, Western Asset Management is bullish on emerging markets, but currently the firm is overweight developed-market corporates. Michael Hasenstab, the firm's global bond fund manager, tips some emerging-market strategies that he prefers. Aberdeen Asset Management's head of emerging-markets fixed income explains his picks for corporate and sovereign debt. Research published this week highlights the difficulties of emerging-market investing and suggests some broad strategies. ClearBridge's Scott Glasser says there are serious doubts as to what will stimulate end demand in the next three to six months. Although emerging countries are going through a very difficult economic period, their problems are essentially cyclical, says Aberdeen's Peter Elston. According to Barclays Global Investors, there were 272 ETFs with exposure to emerging markets as of end-June. Net inflows to emerging market equity funds totalled $26.5 billion in the second quarter of 2009, surpassing the previous record in the fourth quarter of 2007. First quarter figures show emerging market funds are benefitting from better prospects in the US. Emerging market equity funds took in $2.3 billion in net inflows last week, according to EPFR Global, amounting to the largest inflow since mid-December. Emerging market specialist Mark Mobius says despite the global financial crisis, portfolio investment opportunities in the world's less developed markets are abundant. Aviva Investors’ CIO for equities Niall Paul expects emerging market equities to continue to underperform until global growth stabilises. Aberdeen Asset Management’s Mark Gordon-James says many companies in emerging markets are expected to deliver better earnings growth than their Western peers over the long-term.