What Went Wrong for Terry Smith’s Trust? (FT Adviser)
- The exposure to India, a commodity importer, has proved unwise, at a time when commodity prices have risen stoutly and while higher commodity prices would be expected to benefit many emerging markets – the Fundsmith Emerging Market Equity trust has a 5 per cent exposure there, leaving it the wrong side of market movements this year.
- His investment style is to invest in established, relatively mature growth companies, but one of the challenges associated with emerging markets is that there are comparatively few such businesses, as by definition, economies at an earlier stage of economic development have fewer mature companies. READ MORE
Similar Posts:
- 8 of 10 Fastest Growing Markets are Frontier Markets (Mobius Blog)
- When Emerging Market Growth Stock Investing Fails: Fundsmith Emerging Equities Trust plc to Liquidate
- The World in 2050 (PWC)
- Aberdeen CIO: India Will Surpass China for Growth (FE Trustnet)
- Forget China. These 3 Emerging Markets Are Better Bets. (Barron’s)
- Fundsmith Unveils an Investment Trust Targeting Emerging Market Consumers (FT)
- Best Consumer Stocks for Emerging Market Investors (Morningstar)
- Asia is Home to 50% of World’s Fastest Growing Companies (Nikkei Asian Review)
- How India (Mostly) Benefits From Low Oil Prices (The Economic Times)
- Surviving the Pharma Drug Price Wars in Emerging Markets (PharmExec.com)
- Kiplinger’s Personal: Don’t Give Up on Developing Markets (Kiplinger’s Personal Finance)
- Margetts’ Ricketts: Low Oil Prices Mean Asia and Emerging Market Funds Can Keep Rallying (FE Trustnet)
- Mild Recession in the US may Aid Asian Markets Including India: Credit Suisse’s Dan Fineman (Money Control)
- BlackRock’s Swann: Look at the China Slowdown in a Long Term Context (FE Trustnet)
- Tech Sector Can Power Emerging Market Portfolios (FE Trustnet)
Leave a Reply