Philip Chua Business Blog

Posts Tagged ‘emerging markets’

AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.

Says Aaron Gurwitz, Barclays Wealth managing di… more

EQUITY weightings of private clients’ portfolios are expected to remain elevated relative to bonds going into 2010, in a sign of continuing optimism over global growth and, in particular, growth in Asia and the emerging markets.
Strategists are less upbeat on fixed income assets, citing a backdrop of possible interest rate rises as part of central banks’ exit strategies.
So far, there are a number… more

INCREASED foreign direct investment (FDI) from developing economies into emerging markets will shape the political risk insurance industry (PRI), says the World Investment and Political Risk 2009 report released yesterday by the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA).
This trend could mean that Singapore, from which many investments are made into the region’s emerging m… more

THIS year, for the first time, more than half of the world’s foreign investments will flow into emerging markets. Before, industrialised nations received most of the investments.
Asia in particular, the first continent to recover from the global financial crisis, is set to benefit. Despite the crisis, India and China will grow this year by more than 6 per cent and 8 per cent, respectively, while t… more

In the third quarter, emerging-markets funds bounced higher than natural resources or commodities funds.

AP – Wal-Mart Stores Inc.’s expansion in fast-growing emerging markets will fuel earnings and revenue growth, an analyst said on Monday, while giving shares of the world’s largest retailer an “Outperform” rating.

Reuters – Coca-Cola Co reported a better-than-expected quarterly profit on Tuesday, aided by growth in emerging markets, but its shares fell as revenue was lighter than anticipated and investors looked for stocks with stronger growth potential.

FUND managers are piling into Asian and other emerging markets but are cautious about developed markets, a survey showed.
The latest Merrill Lynch survey of 221 fund managers, managing a total of US$635 billion between July 2 and 9, shows that almost two thirds believe global growth will strengthen over the next year.
Confidence on China is also high and a net 56 per cent expect stronger China g… more