BRICs still a viable investment theme, says Goldman Sachs
BRIC nations should still form up to 50% of any broad emerging markets exposure, said Kathryn Koch, head of global portfolio solutions at Goldman Sachs Asset Management.
BRIC nations should still form up to 50% of any broad emerging markets exposure, said Kathryn Koch, head of global portfolio solutions at Goldman Sachs Asset Management.
Mirae has identified four multi-year themes from the striking rise of the aspirational consumer across Asia that will drive growth in emerging markets.
The firm sees improvement in the risk-reward balance for sovereign and investment grade corporate bonds in emerging markets.
Baring Asset Management’s multi asset group has increased its exposure to emerging Asian markets for the first time in years and upgraded the asset class from a neutral to preferred.
Positive developments such as evidence of an underlying improvement in industrial production and exports in Asia are luring investors back into emerging markets, said Pictet Asset Management’s chief strategist Luca Paolini.
In an east-west asset management partnership, SLI and Shenzhen-based Bosera International launched the Emerging Opportunities Bond Fund in Hong Kong on Monday.
MCB Capital Markets, the investment banking arm of the MCB Group in Mauritius, and ZyFin have launched an exchange traded fund which will provide international investors with access to the Indian sovereign bond market.
Cohesion Investments has partnered with Indian asset manager Reliance Capital to launch the India Equities Portfolio Fund.
The deep discount on which emerging market dividend stocks trade compared to bonds is a compelling reason to take a fresh look at the sector, said WisdomTree’s Viktor Nossek.
A double whammy of political change and an upswing in commodities is a huge boost for the investment case for Brazil, according to BlackRock’s Will Landers.
Argentina raised around $16.5bn on 18 April in its first sovereign bond sale in 15 years after a US judge lifted injunctions stopping the country from raising funds. But rampant inflation, job losses, and domestic strife spell trouble for this Cinderella story.
It has been the question probably most frequently asked by investors over the past few years: should I increase my allocation to emerging markets now? Ever so often, the answer has been negative as short-lived rallies have failed to sustain themselves. Will this time be any different?