| From WSJ: Emerging markets are rising in importance as investment destinations because returns in mature, fixed-income markets like the U.S. and Europe are likely to stay low in the near future, a China Investment Corp. executive said Thursday, offering a rare glimpse into the sovereign-wealth fund's view of the global investment trend.
"In the long run, at least in the next five to 10 years, we are going to see a long period of very low growth, low rates, and low return in mature world (economies) like the U.S. and Europe," said Ludwig He, CIC's managing director and head of public markets investment...........................................Full Article: Source
|