Two great ways to play the EM recovery

Panicky Western financial firms are sucking the wealth out of emerging markets. But that just makes the stocks even better value, says Bengt Saelensminde. Here, he tips two great ways to profit from the emerging-market recovery.

One of the biggest risks we'll be facing in 2012 is regular financial calamities that take down all our investments at once. As fresh fears surface about a bank or European economy, investments could suffer across the board.

Worse, some of our best performers are most vulnerable. That's because as traderscash in profits to cover cash calls on losing bets, prices fall. In recent weeks, cash calls on European banks have been growing by the day sucking in good money from elsewhere.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.