Welcome, Guest |
Login |
With the recent passage of legislation to open Myanmar to foreign investment, McDonald’s (MCD, quote) restaurants could soon be dispensing Coca-Cola (KO, quote) throughout the country. Although the new law will not be enacted until it’s signed by President Thein Sein, this is a massive step in the right direction for a country that was ostensibly socialist under its military junta.
Stock exchanges in both developed and emerging markets moved higher Friday thanks to U.S. Federal Reserve Chairman Ben Bernanke’s speech at Jackson Hole, Wyoming.
The “Baltic Tiger” label still applies to the three nations that make up the Baltic states. Despite suffering in the global financial crisis, Estonia, Latvia and Lithuania are growing again.
It sure feels good when reported results, from either a company or a country, meet or exceed expectations. With much of the world struggling to stimulate growth, such positive news is rare. But the Malaysian economy has given emerging market investors something to smile about.
Investors have two more options today when looking for exchange-traded funds with emerging markets exposure. Emerging Global Advisors has launched the EGShares Beyond BRICs (BBRC, quote) and the EGShares Emerging Domestic Demand (EMDD, quote) as part of their product line, including 19 other theme-specific emerging markets funds.
Jim O’Neill of Goldman Sachs is well known as the man who coined the acronym BRIC. He has now created another acronym gaining traction thanks to a fund he launched last year: MIST, which stands for Mexico, Indonesia, South Korea and Turkey.
A recent CNN Money video interview with Mark Mobius, Ph.D. and executive chairman of Templeton Emerging Markets Group, shed some light on a few issues concerning emerging markets investors.
It is a good exercise to compare and contrast the primary categories of emerging market investing: emerging markets and the sub-category, or maybe more appropriately described sibling: frontier markets.
The Vietnamese economy (VNM, quote) continues to rebound after previous woes to fight its way through the global slowdown. While other export-based frontier markets may be struggling, the Vietnamese economy is showing remarkable resilience.
I’m a big proponent of emerging market and frontier market investing, and I like to look for the best ETFs to construct the allocation I desire. One country I am greatly interested in and believe to be a good choice in the near and long term is Kazakhstan.
