Are We Heading for an EM Currency Crisis?
Despite recent weakness, we do not believe a 1990s-style emerging markets currency crisis is brewing.
Emerging/Frontier
Emerging Markets Equities: Balancing Fire and Ice
While emerging markets equities remain attractive in the long term, the short-term risks posed by the European debt crisis and the potential for a global recession to pressure earnings growth merit caution. We recommend remaining at policy target allocations and considering building overweights on further weakness.
The Case for Diversified Emerging Markets Exposure
Many investors believe, as we do, that emerging markets offer a more compelling long-term growth story than do developed markets, and that portfolios should be tilted toward such regions to participate in this growth. However, before committing more funds to the area, investors should first re-evaluate how they allocate their exposure. While most allocations currently…
More Than a Passing Fad – EM Bond Funds Deserve Strategic Consideration
Allocations to emerging markets bond funds make sense from a strategic perspective, but the opportunity set offered by this evolving market is not static.
Emerging Markets Equities: Still Cautious
Stretched valuations and macroeconomic uncertainty leave emerging markets equities vulnerable.
Emerging Markets Currency Funds – Time to Hitch a Ride on the Local?
Investors in emerging markets cash funds have historically enjoyed a smooth ride given high local interest rates; those investing in today’s low-rate environment will depend more on currency appreciation.
Private Equity Investing in China
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.
Private Equity Fund Investing in the Middle East and North Africa
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.
Investing in Latin American Hedge Funds
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…
Emerging Markets – Buy the Dip or Fade the Rally?
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.