Highlights

April 2021

Opinion Turkey – Here we Go Again

What does the appointment of the fourth central bank governor in less than two years mean for investors in Turkey? As have we have seen in the press, and to everyone’s surprise, last week the Turkish government replaced central bank chairman Naci Agbal, just four and a half (...)

Opinion

Have emerging markets lost their mojo?

Opinion

The year of the rat: China’s Economy is strong but investors need to be on their guard

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October 2014

Innovation Source and Ashmore jointly launch the first actively managed european Exchange-Traded Funds to provide emerging market fixed-income exposure

Source, an investment firm and one of the market-leading European providers of Exchange Traded Products (ETPs), and Ashmore, a specialist, active investment manager with more than 20 years’ experience in Emerging Markets, have partnered to launch the first funds in Europe (...)

September 2014

Opinion Jokowi

After ten years of strong growth, the Indonesian economy is slowing considerably. This is because of the falling Chinese demand for commodities, the gradual normalisation of US monetary policy and an inevitable decline in government (...)

September 2014

News BNP Paribas Investment Partners granted one of the first RQFII licenses in France and the Eurozone

BNP Paribas Investment Partners granted one of the first RQFII licenses in France and the Eurozone: Providing its clients with the latest investment avenues to China’s Onshore Markets

September 2014

News QNB acquires a 12.5% stake in Ecobank Transnational Incorporated, the leading pan-African bank

QNB, “One of the World’s Strongest Banks” has today announced the acquisition of a 12.5% stake (both ordinary and convertible preference shares) in Ecobank Transnational Incorporated.

August 2014

Opinion Bumpy ride for emerging currencies over summer

Emerging currencies were under pressure this summer. Save for the Indonesian rupiah, Thai baht, Malaysian ringgit and Chinese yuan, emerging currencies has corrected against the US dollar since 30 June. It is mainly the CEEMEA currencies and, to a lesser extent, Latin (...)

August 2014

Opinion Don’t cry for Argentina

In accordance with the Right Upon Future Offers or RUFO clause (similar to a conventional clause requiring creditors to be treated pari passu) contained in the 2005 agreement on the restructuring of the debt of the exchange bondholders (preventing Argentina from making more (...)

July 2014

Strategy Saudi opens the door to billions of inflows

Announcement that the Saudi cabinet has approved plans to open up its stock market to foreign financial institutions in H1 2015 is a long-awaited step towards MSCI EM index inclusion.

June 2014

News Nomura Asset Management launches in Middle East

Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre (DIFC) as part of its ongoing commitment to the Middle East.

June 2014

Opinion All eyes on Brazil !

According to Daniel Isidori, fund manager at Threadneedle Investments, the Brazilian companies most affected by the upcoming election are state owned and rather than taking exposure to all of them, he suggests to have a small overweight in the energy giant (...)

July 2013

Opinion Maarten-Jan Bakkum’s take on Egypt

By ousting President Morsi the Egyptian army prevented a violent climax in the battle between opponents and supporters of the president. In the past year, the Morsi administration has not been able to make any progress in solving the huge economic and social problems in the (...)

March 2013

Note EDHEC-Risk Institute Study Highlights the Inefficiency of Asian Stock Market Indices

In a study entitled “Assessing the Quality of Asian Stock Market Indices,” researchers at EDHEC-Risk Institute have reported results for 10 major Asian stock market indices over the past decade.

February 2013

Opinion East Asian Onshore Markets To See Most AUM Growth

Fitch Ratings expects growth in asset under management (AUM) to be higher in the years to come in emerging Asia (China, Indonesia, Malaysia and Thailand) than in mature markets such as Singapore, Hong Kong, Taiwan and (...)

February 2013

People Moves Lombard Odier Investment Managers Combines Global and Emerging Bond Teams, Appoints Salman Ahmed as Strategist

Lombard Odier Investment Managers’ (LOIM) has combined its Global and Emerging Fixed Income teams into a single unit and hired a market strategist.

January 2013

Strategy The Case for High Dividend Investing in Emerging markets

From a purely dividend yield perspective, Western investors could diversify into emerging markets where dividend growth is supported by low levels of company debt coupled and high profitability.

January 2013

Opinion New Egypt FX Regime Positive Step in Tough Circumstances

Egypt’s new exchange rate regime has brought greater transparency and a depreciation of the pound but also highlights a serious shortage of foreign exchange, Fitch Ratings says. For the system to work, confidence needs to be restored quickly, starting with agreement on an IMF (...)

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Interview Jean-Sébastien Debusschere : « The philosophy of the fund is to purchase and operate the forests around the world. »

Jean-Sebastien Debusschere, CIO of Fourwinds Capital Management explains the strategy of its fund focused on an original approach: forest investment.

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Strategy Africa: A continent of opportunities

As global demand for commodities continues to grow, we believe Africa is in an enviable position with its vast resources, not only minerals but also food—60% of the world’s uncultivated arable land is in Africa...

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Opinion Russia now - should investors be bold or sit on the sidelines?

People are drawing parallels with the Crimean annexation and sanctions put in place then - which heavily impacted the Russian market. But the macroeconomic Russian situation is very different today - it is much (...)

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News SMEs switching to Renminbi for Chinese business according to DB survey

In spite of increasing volatility in foreign exchange markets, only around half of companies that were surveyed hedge foreign exchange risks in Renminbi transactions...

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Strategy Agricultural land rush of investment funds!

After launching products indexed to changes in prices of agricultural products, many banks and investment funds are turning now to the land acquisition...

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Opinion China is becoming middle aged, so it’s slowing down a bit

In some ways, the rise of China has been too good to be true. Its economy has grown with breakneck speed for decades (an average of 9.1% a year since 1994, with a lowest rate of 6%) – if we can believe the official (...)

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Opinion Beneath the headlines: three stories that might surprise investors in 2020

Over the past twelve months, the US/China trade dispute has dominated headlines and commanded a considerable slice of the world’s attention. Yet, while any breakthrough would be significant for investors and positive for sentiment in Emerging Markets (EM), we think there are (...)

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Opinion After Modi’s landslide win, all eyes on what he does for the Indian economy

India’s Narendra Modi won a second term as Prime Minster after a landslide win in the general elections in the world’s largest democracy. Mr. Modi’s party BJP won a simple majority with almost 300 out of 542 seats in the Lok Sabha (India’s equivalent of the House of (...)

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News Nomura Asset Management launches in Middle East

Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre (DIFC) as part of its ongoing commitment to the Middle East.

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Opinion India’s “Goldilocks moment”

A stable government, a can-do prime minister and a recovering economy may prove to be the best recipe yet for Indian stocks, according to Avinash Vazirani, manager of the Jupiter India Select SICAV fund. Add in a falling oil price, says Avinash, and Indian firms might just (...)

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News Fitch Affirms Nigeria at ’BB-’; Outlook Stable

Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ’BB-’ and ’BB’ respectively with a Stable Outlook. The agency has also affirmed Nigeria’s Short-term foreign currency IDR at ’B’. The Country Ceiling has been affirmed at (...)

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Opinion India: After a period of euphoria, doubts are resurfacing

According to Laetitia Baldeschi, Co-Head of Research and Strategy at CPR AM, their equity managers are therefore underweight on India within their CPR GEAR Emergents strategy relative to the MSCI Emerging index.

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Opinion 2017 outlook: China equities

Charlie Awdry, China portfolio manager, shares his views on the prospects for Chinese stocks in 2017. He believes the focus on high quality growth companies exposed to long-term consumer trends and cyclical value stocks places his portfolios in good stead to deliver (...)

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Strategy The market’s focus on risks to EM from slower Chinese growth creates opportunities for stock pickers

According to Ross Teverson, Head of Global Emerging Markets Strategy at Jupiter, market is overly focused on risk rather than opportunity, EM valuations already price in a very negative scenario and recent weakness has created the opportunity to invest in positive long-term (...)

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Opinion Emerging market bonds still looking good

In light of the difficult circumstances surrounding the equity markets, investors are hunting around for alternatives. Unfortunately, savings-book interest rates are limited, as are the returns from safe developed-country government (...)

Focus

Strategy Africa, the emerging market story of the next decade ?

According to Mark Mobius, Africa could represent a tremendous opportunity for investors in the next few years. The continent is well known for its wealth of natural resources, much of it barely developed, which includes oil and gas and a variety of metals and minerals, as (...)

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