Demand returns to emerging markets

Professional Adviser
clock

On a relative basis, emerging market valuation measures look cheap. MSCI data shows emerging markets...

On a relative basis, emerging market valuation measures look cheap. MSCI data shows emerging markets on a price to book value of 1.8x, which compares very favourably with 2.7x for the world and 3.4x for the US. Domestic demand appears to be returning to many emerging market economies and is evident in others such as Korea. This pain of change now sees them economically positioned as an attractive capital inflow proposition, receptive to business cycles, as Mexico now experiences for the first time, and corporately cleaner and leaner. We can now see how the combination of focused co...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •