Die besten globalen Schwellenländer Aktienfonds - Seite 2

Mattia Nocera, Managing Director and CIO of Belgrave Capital Management, "Vitruvius Emerging Markets Equity B USD" (21.07.2010): "The three advisors we utilise for this portfolio remain positive on the outlook for Emerging Markets in the medium/long term as the emergence of a middle class and increasingly domestic consumption driven economies are powerful and secular trends. However, we maintain a cautious stance at present as there are a significant number of near-term headwinds in particular increasing signs of a slowdown in the economic recovery of developed countries and tightening monetary policies in major emerging markets."

Patrick Gautier, Quantitative Portfolio Manager, "HSBC GIF BRIC Markets Equity" (21.07.2010): "Emerging economies are benefiting from a very helpful policy mix (budgetary and monetary stimulus is being phased out very gradually) and although growth will decelerate in 2011 it will remain vigorous. Asia (ex Japan) and Latin America will remain the two fastest growing regions in the world, with growth estimated at 7.5% and 3.8% respectively in 2011. Emerging Europe will continue to be the laggard, with a late exit from recession, meaning that activity will accelerate next year to 4.1%. Looking at the largest emerging countries, growth is showing some signs of moderation after an impressive recovery from the global turmoil."

e-fundresearch: "Welche Länder und Branchen werden derzeit über- und untergewichtet?"

Devan Kaloo, Fondsmanager des "Aberdeen Global - Emerging Markets Equity A2 Acc" (19.07.2010): "As bottom-up stock pickers, our country and sector allocations are driven by where we can find quality companies with attractive valuations. This style may lead to significant deviations from the index.

Overweight
• India – the economy is less dependent on external demand than other Asian countries and has weathered the global downturn in relatively sound shape. The companies in which we invest offer good long-term value, given their healthy balance sheets and good management.
• Hong Kong – the territory offers listed companies that have diversified, regional business activities, particularly those that provide an exposure to China, with the added advantage of better standards of accounting and transparency.
• Mexico – the country offers both well-run companies and relative value, particularly among the mid-cap stocks. Latin America's second-biggest economy is also forecast to grow 4-5% this year, after a recession-plagued 2009.