Shadow looms over Emerging Asia ETFs

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PM CAPITAL warns bumpy outlook in emerging economies to be intensified for ETF’s Sydney-based specialist equity fund manager, PM CAPITAL, yesterday warned that investment into Emerging Asia ETFs is a dangerous strategy because the instruments are heavily skewed to businesses that are at the mercy of the macro environment and dominated by questionable state-owned enterprises (SOEs). Kevin Bertoli, portfolio manager for the PM CAPITAL Emerging Asia

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Two thirds of Asian companies have strong balance sheets, finds Fidelity survey

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Solid performance with double digit sales and profit growth expected for Asian companies Inflation, US economy and regulation are key challenges Companies cashed up and potentially looking to spend Asian companies have emerged from the global financial crisis with very strong balance sheets and good revenue growth expectations, with many of them potentially planning to

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Weekly market & economic update – 21 January 2011

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Headline developments An acceleration in Chinese economic growth in the December quarter to an estimated annualised pace of around 12% along with ongoing inflation worries have reinforced the case for further Chinese tightening in the months ahead. While inflation fell back to 4.6% in December from 5.1% in November this looks like a temporary reprieve

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‘Noughties’ over; ‘Teens’ begins

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Look back at 2010. Look ahead at 2011. Contrary to the expectations of the gloom and doomsters, 2010 turned out to be a positive year. The global economy expanded by around 4.5 per cent, the world didn’t slip into recession and global sharemarkets generally rose. Sure, the year wasn’t without its problems. Investors fretted about

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Review of 2010 and outlook for 2011

Key points 2010 has been somewhat disappointing for investors, with continuing economic recovery but various macro scares resulting in a constrained and volatile ride for share markets and other related investments. 2011 is likely to see global growth continue, and this combined with attractive valuations and easy money is likely to underpin renewed acceleration in

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Threadneedle’s outlook and investment themes for 2011

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Reasonable global growth led by emerging economies, but markets remain fragile and shocks will trigger volatility Mark Burgess, incoming Chief Investment Officer at Threadneedle, looks ahead to 2011: “Our central case for 2011 is one of reasonable global growth led by emerging markets. Against this backdrop world equity markets look good value, particularly against government

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ING IM cuts outlook for global economic growth, sees rise in volatility and increasing divergence in investment markets

Test tube policies’ could contribute to further market volatility Positive earnings growth, attractive valuations and strong corporate wealth to drive global equity markets Australian economy to remain solid as Asian trade partners grow at fast pace Global investment manager, ING Investment Management (ING IM), says global economic growth is forecast to be significantly lower in

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What the world economy has going for it

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When Federal Reserve Chairman Ben Bernanke in July appeared for his twice-yearly appearance before the US Congress he said the outlook for the US economy is “unusually uncertain”. Only a week earlier on July 15, US central bank minutes show that Bernanke expects the US economy to stagger along below its average growth rate for

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