Investors looking at emerging markets should favour Latin America over Asia in the near-term – in spite of Brazil’s imposition of a tax on foreign stock purchases, says Simona Paravani, global investment strategist at HSBC Global Asset Management.
She points out that LatAm equities are trading at a more than a 40 per cent discount to emerging Asian equities, versus a five-year average discount of just 5 per cent, based on 12-month trailing price to earnings ratio.
Ms Paravani argues that the valuation case is further supported by a buoyant macroeconomic picture. HSBC’s central scenario is for Brazilian growth to be 5.3 per cent in 2010 – which will in part be driven by strong Asian demand for commodities.
Global Gaming Expo Asia Overview
This event is a must for anyone involved in the Asian gaming industry: an overwhelming 95% of Asian casino and sportsbook operators attend G2E Asia to present their products
G2E Asia – an abbreviation for Global Gaming Expo Asia – is a renowned iGaming event and entertainment business hub where companies from all over the globe come to exhibit their latest products and innovations.(more…)
Covid-19 and food security: can emerging economies mitigate rising prices?
The Food Price Index, established by the UN’s Food and Agriculture Organisation (FAO) to track monthly changes in international food prices, rose for the eighth consecutive month in January, primarily as a result of Covid-19.
An increase in food prices following the coronavirus pandemic has intensified concerns related to global food security. For emerging markets, this has further underlined the importance of regional cooperation and innovative solutions to help overcome the challenges.(more…)
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In this post, we will tell you what to look for when choosing a broker in order not to fall into a financial trap and how to benefit from dealing with such companies.
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