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Post by mangomoney on Jan 3, 2017 22:04:09 GMT 7
The Most Popular Investor Picks for Emerging Markets in 2017These are the favorites for 2017. These are some clear favorites among investors for 2017. All things Russian and Indian are popular, as are Brazilian corporate bonds and Mexico’s cheap peso. The top calls for this year are centered on markets where the political climate is improving and assets are less vulnerable to external shocks arising from higher U.S. borrowing costs and President-elect Donald Trump’s policy announcements. Russia For investors that borrow in currencies with low interest rates and buy high yielding ones, Russia’s ruble is a top bet. UBS Group AG says the ruble’s carry trade could potentially return 26 percent over the next 12 months, the most among developing EMEA peers. Aside from having relatively high interest rates, Russia is benefiting from rising oil prices. That helps make its equity market an “obvious candidate” for NN Investment Partners. South Africa Some investors see President Jacob Zuma’s power waning, boosting the appeal of South African stocks and bonds, especially given that some say the country will probably avoid a debt downgrade. more... www.bloomberg.com/news/articles/2017-01-02/top-investor-picks-for-emerging-markets-in-2017
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Post by Fletchsmile on Jan 3, 2017 22:24:07 GMT 7
Have to say I still like Russia. It had a great year in 2016, which always makes me a little nervous. Not sure it can repeat that, but I think there's more to come in 2017. Micex - Russian index - was up 26.8% in 2016. JRS - JPM Morgan Russian Investment Trust - did me very nicely with a 74.5% gain in GBP terms.(excluding the dividends collected which would have added a few more %). As discussed last year: bigmango.boards.net/thread/4034/russian-equities-times
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