Emerging Markets 01 (May 08 - Dec 11)

[kennynah]

iBRIC

What if the cleric-based Iranian regime collapses and Iran embraces capitalism like the Indian and Chinese economies?
Iran has great potential and resources. If it joins BRIC, will we have :-
(a) BRIC-I
(b) BRICI
(c) BRIIC
(d) what else??

[LenaHuat]

Great ideas , mojo and K.
3I's - India, Indonesia, Iran.
What abt 3IBRC?? Global Trade will boom and stocks will spike

[winston]

The Lyxor Emerging Market ETF that is listed in Spore is down 6.3%.

I have this one on my Watch-List and may buy when it has reached it's 50% retracement ..

[winston]

Lyxor Emerging Market ETF up 4% today,

What ? Sky no longer falling ? Just a few days ago, the "experts" were calling for the Emerging Markets ETFs to drop like a rock ..

Confused

Maybe Sir JohnTempleton is right. Buy only when there's blood on the street ( including yours ) and locked it up for 5 years before looking at it again ...

[winston]

Emerging-Market Inflows Resume to Cap Record Quarter (Update2) By Shiyin Chen

July 3 (Bloomberg) -- Emerging-market equity funds resumed net inflows, capping a record $26.5 billion of investment in the second quarter as China’s “aggressive” measures spurred confidence in developing economies, EPFR Global said.

Developing-nation stock funds attracted $972 million in the week ended July 1, resuming net inflows after their first losses since March in the previous week, the research firm said in a statement yesterday. In the quarter, China lured $3.8 billion and Asia ex-Japan funds drew $23 billion.

“Money has come back because risk appetite has improved,” Daphne Roth, Singapore-based head of Asia equity research at ABN Amro Private Bank, which manages $27 billion of Asian assets, said in an interview with Bloomberg Television. “The Asia economies are doing much better compared to during the Asian financial crisis.”

The MSCI Emerging-Markets Index rallied 34 percent last quarter, the best performance since the measure was created on Dec. 31, 1987. Investors are funneling more funds into developing nations as a recovery in China, helped by the country’s 4 trillion yuan ($585 billion) stimulus package, spurs optimism the worst of the global recession has passed.

All 10 of the best-performing indexes in the second quarter belonged to emerging markets, led by Ukraine, Vietnam and Kazakhstan, according to data tracked by Bloomberg.

A measure of factory output, China’s Purchasing Managers’ Index, rose to a seasonally adjusted 53.2 in June from 53.1 in May, the Federation of Logistics and Purchasing said on July 1. A reading above 50 indicates an expansion. A manufacturing index compiled by CLSA Asia-Pacific markets also showed an expansion last month.

‘Riskier Assets’

“China’s aggressive efforts to sustain gross domestic product growth at around 8 percent and some not-so-bad data from key developed markets prompted investors to increase their exposure to riskier assets,” EPFR said.

Inflows into developing-nation equity funds last quarter topped the previous record of $22.4 billion set in the fourth quarter of 2007, the research firm said. The MSCI Emerging Markets Index reached a peak on Oct. 29, 2007, and subsequently dropped as much as 66 percent.

Investors poured some cash into U.S. stock funds and high- yield bond funds after pulling $37 billion from money-market funds during the week, Cambridge, Massachusetts-based EPFR said. The research company tracks funds with $10 trillion in assets

[kennynah]

too late to bet on emerging markets...imo

[blid2def]

too late to bet on emerging markets...imo

If it's too late to bet on it rising, then it's still not too late to bet on it bursting...

[winston]

I was looking at the Lyxor Emerging Market ETF that was traded in HK.

52 week high: 85
52 week low: 35
Mid-Point: 60

The fund is trading right at the mid-point...

[kennynah]

too late to bet on emerging markets...imo

If it's too late to bet on it rising, then it's still not too late to bet on it bursting...

sounds like a plan ..

[winston]

I was looking at the Lyxor Emerging Market ETF that was traded in HK.

52 week high: 85
52 week low: 35
Mid-Point: 60

The fund is trading right at the mid-point...

I will probably buy some around the 25th percentile of the trading range ie. < 42.