CON­TRAR­IAN OP­POR­TU­NI­TIES FOR IN­VESTORS:

Finweek English Edition - - INVESTMENT -

Max King, a strate­gist with In­vestec As­set Man­age­ment, be­lieves that emerg­ing mar­kets in­dices may be lack­lus­tre for a while and there are likely to be plenty of op­por­tu­ni­ties aris­ing from this.

“Emerg­ing mar­kets have un­der­per­formed de­vel­oped mar­kets by 12% in the year to date and by 26% since Oc­to­ber 2010.

“Emerg­ing-mar­ket com­pa­nies that have fo­cused on share­holder re­turns rather than growth for its own sake have per­formed well. The phase of in­dex un­der­per­for­mance may not be over yet, but we be­lieve the case for se­lec­tively adding emerg­ing mar­ket ex­po­sure is grow­ing.”

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