Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging markets currencies to rally as uncertainties in developed countries worry investors

Tuesday, August 10, 2010

amb
From Precy Dumlao, Opalesque Asia:

Emerging markets currencies are likely to rally as uncertainties developed countries continue to worry investors, said Giancarlo Perasso, chief economist for the Matrix Redux Emerging Markets Fund, which is managed by the Matrix Group, a UK-based asset manager with $5.56bn in AuM.

Matrix also released some of the highlights of its study:

  • No double dip for the US economy, thanks to strong policy reaction to the cooling down of growth. Fiscal policy will not be the main instrument of this new stimulus...rather the Fed is ready to ease again

  • The Eurozone will face a difficult Fall, as tensions in some countries (Greece, Italy) are likely to spook investors

  • Emerging markets will continue growing, albeit at a slower pace

  • Commodities prices will not decline but will not rally either (aside from short-lived speculative bursts), as growth remains subdued

  • EM currencies are bound to rally and top picks are the Turkish Lira, the South African Rand, the Brazilian Real and, for the more adventurous, the Colombian Peso, the Peruvian Sol

U.S. economy to slow down but not enter double dip According to Perasso, the U.S. economy may slowdown but if necessary, the Fed will take swift action to ensure the country will not enter into a double dip recession. He added the U.S. government's current priority is to prevent such a double di......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r