In this week’s head to head we asked Chris Rush, senior investment analyst at IBOSS, to compare the Fidelity Emerging Markets Fund & the Somerset Emerging Markets Dividend Growth Fund.
Slowing EM economies and local currency devaluations are raising the risk of holding corporate debt, particularly China issuance.
Apologies for SHAM’s lack of correspondence of late, blame the terrible state of the Panamanian postal service.
Oil price concerns and a weak economic outlook in the Middle East and North Africa are factored into the region’s equity valuations now, according to Franklin Templeton Investments.
The record rise in the world’s elderly population will increase investment opportunities in real estate, healthcare and technology, according to a new survey published by PGIM, the global investment management businesses of Prudential Financial.
Investors are fleeing from emerging market debt, and optimism for any recovery in the near term is low, particularly for local currency government bonds.
The recent modest recovery in oil and other commodities prices has prompted some early calls that a widely unloved asset class recently could be close to seeing better days.
At our recent PA Emerging Markets event, wealth managers told us they are incredibly positive on the developing world while the specialist fund managers were less so – we asked them why.
At our PA Emerging Markets event, we asked seven expert fund managers if investing across the regions was any more difficult than getting value from Europe; taking on Latin American bonds and banks; and getting the right Asian balance between India’s positives and China’s weaknesses.
Georgina Hellyer, portfolio manager at Columbia Threadneedle Investments, outlines the three hottest EM areas investors should be looking at right now.
There are currently very few screaming buys in the market. Years of quantitative easing and a still rickety economic recovery have left most quality assets very fully valued and the rest seeming cheap for a reason.
Though the sell-off in emerging markets has made valuations more attractive, Neil Dwane, global strategist at Allianz Global Investors, cautions investors to stay on the sidelines.
