Emerging Markets, Emerging Russia, Emerging Views
Posts tagged as:
By Jerome Booth, head of research and Ousmene Mandeng, head of public sector investment advisory at Ashmore Investment Management
SUMMARY: The recent re-imposition of a financial transactions tax in Brazil has led to renewed press speculation about capital controls. Brazil has since followed with more measures to encourage capital outflows, and further market friendly measures may [...]
{ 0 comments }
By Ivan Anderzhanov in Moscow
Former Citigroup banker Tom King will become head of investment banking for Europe, the Middle East, and Africa (EMEA) at Barclays Capital in December.
King will replace John Winter who will become chief executive of Barclays corporate bank. He will report to Barcap’s head of global investment banking Hugh ‘Skip’ McGee.
The [...]
{ 0 comments }
By Ivan Anderzhanov in Moscow
Russia-dedicated funds last week registered an outflow of some $43m, which broke its the run of eight consecutive weeks of positive flows.
According to data compiled by global fund tracker EPFR, Russia-dedicated funds had attracted a record $451m for the week ending October 28. However, this was followed $43m outflows for the [...]
{ 0 comments }
By Ivan Anderzhanov in Moscow
The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group yesterday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe.
Meeting in Istanbul at the World Bank and International Monetary [...]
{ 0 comments }
By Ivan Anderzhanov in Moscow
Emerging market equities have surged by 60% over the second and third quarters, making them the best two quarters of return on record, according to a report issued today by Merrill Lynch.
Emerging market Asian equities rose by 18.7% in the third quarter and 58% in the past two quarters, the [...]
{ 0 comments }
By Ousmene Mandeng of Ashmore Investment Management
Reserve currencies move around more than meets the eye. The fall of the British pound and coincident rise of the dollar during the inter-war and immediate post-war period is often portrayed as the only historic precedent of a change in international currency hegemony. Yet, the rises of the [...]
{ 0 comments }
By Jason Corcoran in Moscow
From the largest sovereign wealth fund in the world to the most modest local authority pension scheme, investors are hiking their risk appetite by shifting assets into unchartered waters around the globe.
While developing world equities have advanced by almost 50% this year, markets in China, Russia and India have so far [...]
{ 2 comments }
By Jason Corcoran in Moscow
Fund giant Templeton Asset Management is considering boosting its investment in Russia five-fold to as much as $10bn within two years. Such a move may indicate that Western institutional investors are getting ready to make a seismic realignment away from developed economies by shifting sizeable funds into emerging markets.
Jerome Booth, head [...]
{ 0 comments }
Jason Corcoran in Moscow
Banks in the BRIC world of emerging markets are in better nick than their counterparts in the US and Europe, according to Allianz Global Investors, one of the world’s largest active fund managers.
Allianz, a investment subsidiary of the German insurer with £850bn under management, said the lack of exposure to the toxic [...]
{ 0 comments }
