Emerging market investments now require nuance - Aberdeen

Added 19th May 2016

If you strip out commodities and the impact of the dollar, emerging markets look rather attractive, argued Stephen Parr, senior investment manager, emerging market equities at Aberdeen Asset Management.

Speaking to International Adviser in South Africa recently, Parr said it was important for investors to recognise that emerging markets are a truly heterogeneous group of economies and to treat them as such.

“If you look at growth rates for emerging economies in the aggregate, they have been quite depressed, the ROEs lag those of developed markets. But if you look at those emerging market countries that focus on manufacturing, performance has been much better.

“Ex commodities, ex US dollar, we are envisaging forecasts of earnings growth of 10% which is quite attractive when you look at the valuations emerging markets are currently on,” he said.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

Features

Critical illness cover the next big opportunity for advisers

Critical illness cover the next big opportunity...Lock icon

Imagine your client owned a goose that laid a golden egg every month, says Chris Bagnall, chief underwriting officer and head of claims at Zurich International Life.

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Portfolio Bond Forum Leeds 2017
IA International Portfolio Bond Forum Leeds 2017

Thursday 27 April
The Thorpe Park Hotel, Leeds

IA International Portfolio Bond and Financial Planning Forum 2017
IA Best Practice Adviser Awards UK 2017
IA Best Practice Adviser Awards UK 2017

Wednesday 3 May 2017
The Waldorf Hilton, London

IA Product & Service Awards 2017
IA Product & Service Awards 2017

Wednesday 3 May
The Waldorf Hilton, London 

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...