Barings boss tips Asia, Eastern Europe and Latin America in 2007

Hughes says he sees good value in equities in Asia, Eastern Europe and Latin America going into 2007, as their economic power grows and economic leadership shifts further to them from the West. Hughes said: “The Asian markets still have potential to move higher, with price-to-earnings valuations still at the same level as 30 years ago. The interest we saw in China in 2006 has the potential to transfer to the other regional markets in 2007, and we see plenty of investment potential there. “Outside Asia, Eastern Europe still looks attractive, particularly Russia, and Latin America is likely ...