Investors Strongly Bullish on EMs
A December, 2012 Society Generale monthly survey covering 52 customers throughout Asia, Europe and the United States suggests that investors are strongly medium-term bullish on emerging markets.
The confidence shown by around 90 per cent of the 30 real money investors (pension funds etc.) plus 22 hedge funds polled represented an all-time high since the survey was launched in February last year. Uncertainty regarding the fiscal cliff led to a less bullish sentiment for the short term.
There were still more customers who felt they were under-invested (that their risk position should be raised if they were to be aligned with their sentiment) compared with November.
You may have an interest in also reading…
Prospects for Freer Exchange of China’s Currency
China’s currency, the renminbi (RMB), will probably not supplant the US dollar as the world’s reserve currency, except possibly “in
EY: Haunted by Phantom Income and at the Mercy of Economic Patterns — Inflation Distorts World Tax Systems
Recent IMF data show developed economies are running at an annual inflation rate of three to 10 percent. Some eastern
Mary Wells Lawrence: The Woman Who Redefined Advertising
She shattered the glass ceiling of Madison Avenue, infusing it with bold creativity, glamour, and a fearless sense of innovation.
