As reported by Bloomberg –
“After three years of
disappointment, emerging markets are about to turn the corner, Goldman Sachs
Group Inc. predicts….
Some countries are
better positioned than others. While Colombia, South Africa, Turkey and
Malaysia still need to tackle their current-account imbalances, Russia, India
and Poland are among nations that have improved enough for their assets to
rally, according to Goldman Sachs. Emerging-market currencies, which have
tumbled this year, are no longer “expensive.”
The New York-based firm is joining a handful of investors who have become more upbeat about developing economies after their currencies fell to record lows and stocks trailed developed-market peers by 51 percentage points over the last three years. Franklin Templeton has said the selloff has opened up buying opportunities not seen for decades.”
Barclays is also suggesting that EM assets and commodities may have bottomed out
http://www.telegraph.co.uk/finance/12008830/Barclays-bets-on-stock-boom-as-world-money-growth-soars.html
The New York-based firm is joining a handful of investors who have become more upbeat about developing economies after their currencies fell to record lows and stocks trailed developed-market peers by 51 percentage points over the last three years. Franklin Templeton has said the selloff has opened up buying opportunities not seen for decades.”
Barclays is also suggesting that EM assets and commodities may have bottomed out
http://www.telegraph.co.uk/finance/12008830/Barclays-bets-on-stock-boom-as-world-money-growth-soars.html