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Emerging Markets Propel Global Rebound

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A research report from Citigroup Inc. during the quarter forecasted economic growth, not adjusted for inflation, of 5.8% in 2009 in emerging markets, compared with a decline of 4.7% in developed markets.

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“There may be values in developed markets, but they look less attractive, because the growth profile of many emerging-market countries is higher and valuations are similar or cheaper,” said Rob Lutts, chief investment officer at Cabot Money Management in Salem, Mass.

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Microfinance investments are at the forefront of these trends, with low entry valuations, high growth and strong cash flow. An excellent allocation for those looking for emerging market exposure.

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http://online.wsj.com/article/SB124640492586176565-email.html

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