It’s easy to fall prey to misconceptions and generalisations about places we’ve never been: to assume everyone in the United States drives big cars, all the French love croissants and all Canadians play hockey. There are many misconceptions about investing in developing markets, and Africa certainly has its fair share, but it’s dangerous to make sweeping generalisations, says Dr Mark Mobius (pictured), Executive Chairman of Templeton Emerging Markets Group…
Fiscal union is critical to the survival of the euro, says Michael Hasenstab (pictured), Portfolio Manager and Co-Director of the International Bond Department at Franklin Templeton Fixed Income Group…
By Pete Ort, Curalea Associates –
Another year now ending, goodbye to twenty twelve,
Into events that have unfolded, let us briefly delve.
Some things didn't change, the status quo remaining,
Middle Eastern fighting, and tireless campaigning.
More borrowing and spending, debt burdens they did widen,
Thanks to our spendthrift leaders, Barack Obama and Joe Biden.
Not to be outdone, in the massive spending spree,
Was the Federal Reserve, launching unlimited QE.
By Jamie Berry, Chairman, Berry Asset Management – It was the night before Christmas; a solitary figure shuffled through the fast emptying streets around the Bank of England. The Christmas parties were coming to a close. He hadn’t been invited to any: his gloom laden Scrooge like views on markets did nothing to induce festive cheer.
China’s shift towards a domestic consumer demand-oriented economy could provide a significant boost to the global shipping industry, as the world’s second largest economy targets more sustainable growth, says Xu Lirong, President of China Shipping (Group) Company…
With the UK’s coalition completing half of its term in government, the Chancellor was under pressure to deliver more measures to stimulate growth in his Autumn Statement, says Azad Zangana, European Economist at Schroders…