March 21, 2017

Bloomberg- ‘Trade of a Decade’ Beckons in Emerging Markets

Bloomberg- ‘Trade of a Decade’ Beckons in Emerging Markets

"The investor who called emerging markets the “trade of a decade” before their rally last year sees further gains to come. Christopher Brightman, the chief investment officer at Research Affiliates, says that while emerging equities cost more now than when he first made the call in February 2016, they remain "an enormous bargain." He cited their valuations relative to U.S. stocks, which by his preferred measure are the most expensive since the dot-com bubble of the late 1990s."

For the full article, please click here.



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Bloomberg- IMF Sees Africa Growth Rebound to 3% in 2017, Then Acceleration

Bloomberg- IMF Sees Africa Growth Rebound to 3% in 2017, Then Acceleration

"IMF Director for Africa Abebe Selassie comments at Africa CEO Forum conference opening plenary in Geneva... African Development Bank boosting agriculture support by 400% to $24b over 10 yrs, Pierre Guislain, VP for private sector, infrastructure and industrialization says"


Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820

Bloomberg- JPMorgan Recommends Overweight ZAR, RUB vs Underweight CEE FX

Bloomberg- JPMorgan Recommends Overweight ZAR, RUB vs Underweight CEE FX

"JPMorgan recommends taking overweight positions in "high yielding" ZAR and RUB vs underweights in CEE currencies... In near term, risk markets will likely overlook valuation hurdles for higher-yielding currencies... 'Potential bounce in metals and oil prices in coming weeks, after a 5%-10% correction since the start of March, should help support these currencies'"


Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820