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  • China Lone BRIC Among Top Emerging Markets

    http://www.bloomberg.com/news/2012-02-08/china-lone-bric-among-top-emerging-markets.html

    Today, van Agtmael remains bullish on what everyone now calls emerging markets.

    "As a group, they're now as attractive as I have seen them, on both a historic and comparative basis, at any time in the last 25 years," says van Agtmael, who oversees $7.4 billion in emerging-markets equities at Ashmore EMM LLC in Arlington, Virginia. He's looking in particular at shares of companies in China and the Middle East.

    {...}

    Thailand scored well because it's attracting investors with its agricultural wealth and industrious workforce. Peru, which has grown an average of 5.7 percent annually during the past decade, will benefit from a surge in consumer spending across South America, says Mark Mobius, who oversees about $45 billion as executive chairman of San Mateo, California-based Templeton Emerging Markets Group. He has been buying Peruvian shares.

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