British Investment Managers Increase Their Emerging Market Bets (Reuters)

According to a monthly Reuters poll of 12 UK-based investment managers released on Friday, holdings in emerging Asian stocks rose to 10.1%, up from 8.4% in April, plus Latin American stock bets increased to 1.7% – the highest level since at least June 2012. Emerging European stock holdings also rose to 1.4% from 0.5%. According to Peter Lowman, chief investment officer at Investment Quorum:

“Frontier and emerging markets have been surprisingly strong over the past few months, as investors focus more upon those regions that continue to show superior growth.”

Holdings in UK stocks stood at 27.3%, down from 29.6% in April, while holdings in North American stocks fell to 29.9% from 30.8%.

To read the whole article, British investors boost emerging market equity bets, go to the website of Reuters UK.


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