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.
Skagen Funds’ head of UK wholesale Tim Gordon, who helped front the Norwegian asset manager’s entry into the UK retail space, has left the firm.
Debt-to-GDP ratios in emerging market countries have been rising at alarming rates this year, according to the latest data from the Institute of International Finance (IIF). China, Saudi-Arabia and Turkey have seen the most rapid debt build-up.
The prospect of a more protectionist US and the continued strength of the dollar has seen emerging markets sell off in the wake of Donald Trump’s election to the White House. But, there remain telling reasons why investors should not write them off in 2017.
Investors in emerging markets are taking a view that the gap in GDP per capita can be closed by above-average growth in these economies and, consequently their equities markets, argues Caspar Rock, CIO at Architas.
It has taken some time, but it appears that the Argentine electorate may finally be tiring of socialism.
Aberdeen Asset Management will announce job cuts at the end of the month, but these will not include front-end investment staff, according to weekend newspaper reports.
With Indian Prime Minister Modi arriving in the UK today following a recent electoral setback in Bihar, the question for investors is how quickly can he push through much trumpeted reforms.
Extreme stimulus measures are likely to be deployed in China to contain the country’s credit issues, says Mark Harris, head of multi-asset at City Financial.
