Long-term investors should look to luxury goods

The rapid expansion of the emerging-market middle class and their appetite for luxury goods is a good opportunity for long-term investors, says professional investor Zehrid Osmani.

A professional investor tells us where he'd put his money. This week: Zehrid Osmani of the Martin Currie Global Portfolio Trust selects three favourites

The rapid expansion of the emerging-market middle class is a key long-term growth theme. In China alone, the middle class is expected to more than double over the next ten years, while the segment defined as affluent is forecast to grow even faster. As a result, one area of interest over the coming decade and beyond is luxury goods.

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Zehrid Osmani is co-manager of the Martin Currie Global Portfolio Trust