“Calamos is “more positive” on emerging markets than it has been “for some time,” Speed tellsBarron’s, because earnings and business activity are improving, currencies and commodities are stabilizing, fragile countries’ external vulnerabilities have moderated, and the Fed is being deliberate in raising rates. Also, emerging market valuations remain attractive compared to developed markets’.”
Some managers recommend “plays” using multinationals in the developed markets, as we have been recommended previously:
“The managers like tech and consumer plays that benefit from an expanding emerging market middle class, and they also own developed market companies with emerging market exposure such as oil giant Royal Dutch Shell (RDSA).”
And they are adding a South African company to their portfolio:
“…South Africa miner AngloGold Ashanti (AU).”
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“Why the EM’s Rise Can Last”: http://www.barrons.com/articles/why-the-ems-rise-can-last-1471670364