Bain & Company is out with a positive outlook on private-equity in Southeast Asia for 2013. The firm expects deal-making to pick up next year on strong economic fundamentals and a reversal of the drop in interest seen since the peak in 2007.
A recent report from Goldman Sachs predicts that the S&P 500 will decline to 1250 by the end of the year, a 12% decline from where it is now at 1416. Should this happen the S&P 500 would return to about the same level it was six weeks ago, at the beginning of a month and a half long run which has made the summer a bit more enjoyable for many investors, including emerging markets investors.
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.
Thursday’s best web covers jumpstarting the Brazilian economy, new ETFs, foreign investment in Bulgaria, Samsung releasing the new Galaxy Note 10.1 in Korea and surprising growth in Malaysia.
Thursday’s best web covers Starbucks continued expansion in Brazil, growing Chinese investments to grow GDP, investing opportunity in the emerging market banking sector, free trade negotiations between Korea and Vietnam, and Malaysia’s June export numbers surprise.
Three of the better performing emerging markets are Singapore, Hong Kong and Malaysia. A recent Standard and Poor’s report notes it expects most rated banks in these three countries to further expand over the next several years.
Wednesday’s best web covers natural gas in China, international farming and real estate ETFs, potential M&A within Russian banking, Malaysian economy fundamentals and Chevron resuming oil production in the Frade Field.
Negative sentiment on China continues to drag other emerging markets down, and will likely keep on doing so until more concrete stimulus measures are announced. It’s not all doom and gloom though, as Russia, India, and Mexico can attest.