A specialist investment trust and a mining stock allow investors to bet on African large-cap stocks, and a recovery in Zimbabwe.
The emerging market may not seem like a significant player in the global economy, but if it reneges on its debt, that could have huge repercussions. John Stepek reports.
Turkey’s currency is crashing, its debt is spiralling out of control, and foreign investors are deserting the country. If things get worse, says John Stepek, it could spark wider trouble.
Turkey’s problems are going from bad to worse. Inflation is running at almost 16%, a 15-year high; faith in the government has deteriorated; and the currency has fallen by about 28% against the US dollar.
Matthew Partridge talks to Dr Robert Horrocks to shed some light on the Asian markets’ slowdown, and how investors can take advantage.
It has been two years since Rodrigo Duterte took office in the Philippines. The economy is growing at over 6% a year, and incomes are rising. But could there be turbulence ahead?
Fears of another 1990s-style crisis are overblown: developing countries are now more resilient to external threats and less dependent on rich countries’ business cycles, says Rupert Foster. They also look cheap.
There are several headwinds facing emerging-market stocks. But there are pockets of relative safety. And compared with developed markets, emerging markets are not expensive.
Look beyond emerging markets: a category of small, exotic countries known as frontier markets are illiquid and highly risky – but could be very rewarding, says David Stevenson.
Jim Rogers, co-founder with George Soros of the Quantum Fund, reckons that South Korea could be a bright spot in an otherwise grim-looking financial landscape.
The Baltic states’ economies are too small to attract the attention of many investors – but it’s worth keeping an eye on dynamic entrepreneurial markets like these, says Frédéric Guirinec.