Over the last six years the Chinese private equity market has grown and matured considerably. This paper reviews the private equity landscape in China, discusses the evolution of investment structures, and evaluates the case for private equity investing in China.
The Middle East and North Africa (MENA) region is moving quickly to establish itself as an attractive segment of the global private equity market. This paper provides an overview of the MENA region, the macroeconomic and business landscape, and the landscape for private equity investing.
Provides investors with a background of hedge funds in the region as well as their current performance. A key question for investors considering an allocation to Latin America is whether hedge fund strategies constitute a better option than long only and/or offer a differentiated return stream. At this time, we consider Latin American hedge funds…
The near-term outlook for emerging markets equities is not very compelling; should shares continue to fall sharply, investors will need to reassess their desired tactical allocation.
While the long-term case for emerging markets equities remains intact, now is not the time to overweight emerging markets equities as soaring valuations and a blind faith in “decoupling” leave them quite vulnerable in the near term.
Contrary to popular belief, aggregate yields on local currency emerging markets debt do not offer a premium to US$-denominated debt on a currency-adjusted basis; however, given the breadth and relative inefficiency of the local currency market, we continue to believe active managers should be able to add value.
A primer designed to help investors navigate the often bumpy road of investing in emerging markets equities. Topics covered include rationalizations, concerns, and strategies for investing in emerging markets equities.
While we continue to believe in the long-term opportunity in emerging markets equities, prices have become excessive relative to fundamentals.
While the external debt market continues to fade away, rapidly expanding local currency markets offer opportunities for enterprising investors.
Investors in China-based indices should recognize their new exposure to the big Chinese banks in the aftermath of the banks’ IPOs—and the potential risks inherent in such exposure.