Portal Industrial Cartagena Colombia - Forum - Contacts

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Rise of the Civets investment funds


Guru

Status: Offline
Posts: 12637
Date:
Rise of the Civets investment funds
Permalink   
 


Click here to find out more!

Rise of the Civets investment funds

Turkey's Abdullah Gul Turkey's Abdullah Gul has been in the UK on a three-day state visit

A host of investments are being launched targeting the world's fastest growing economies.

But analysts are warning of a new "gold rush" into some potentially unstable markets.

This week has seen two foreign presidents arrive on state visits to the UK, keen to improve business links and attract investment.

The arrival of Turkey's Abdullah Gul and Colombia's Juan Manuel Santos has thrown attention on the so-called Civets (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa) group of developing nations.

The growth rates of these countries are now far outstripping those of the established Bric (Brazil, Russia, India and China) countries.

Turkey saw its annual growth rate hit 10.2% in the first half of 2011, according to the national statistical institute Turkstat.

The country boasts a diversified, skilled economy, low levels of public and household debt, and a growing population, half of which is aged under 30.

The members of the Civets group represent 8% of the global population.

Now financial firms are keen to tap into their growth potential.

New opportunities

In May, Standard & Poors launched its S&P Civets 60 Index, which tracks the top 10 performing stocks on each local exchange.

Philip Poole, HSBC's global head of investment strategy Philip Poole of HSBC says the Civets countries have low debts

Individual funds are also springing up, targeting Civets and so-called "next eleven" nations, such as the Philippines, Nigeria and Iran.

HSBC launched a purely Civets based fund in May.

It tracks up to 60 of the biggest listed firms in the six member countries, in sectors like consumer goods, financial services, telecoms and energy.

The three biggest economies, Indonesia, Turkey and South Africa, account for 75% of the fund.

Philip Poole, HSBC's global head of investment strategy, explains the potential appeal to ordinary investors.

"We see the future as being in emerging markets. They don't have the debt problems that we have in the developed world, that is one positive characteristic," he says.

"We think the consumption story will really be emphasising emerging market demand, and those population dynamics are very important in this," Mr Poole adds.

Volatile investment

Some analysts however are becoming increasingly concerned about this new investment rush.

They point to problems like currency fluctuations.

The Turkish lira has lost 16% of its value against the dollar in the past three financial quarters, making it one of the worst-performing currencies of 2011.

Istanbul's financial district Levent, Istanbul's financial district

Standards of corporate governance in many of these countries are often considered to be poor, but the biggest risk of all is political instability.

Egypt's main stock market the EGX 30 has fallen almost a quarter since the start of the year, after the events of the Arab Spring.

Last week, Standard and Poors down-graded Egypt's credit rating to BB minus, pushing it further into junk status.

Mark Dampier, head of investments at Hargreaves Lansdown, says other Civets nations are vulnerable.

"They are very small, they are emerging, but they come with a lot of volatility and a lot of political risk. So these aren't really for the mainstream (investor)," he says.

Tom Biggar, of Torquil Clarke Invests, says: "They have wrongly been touted as an alternative to Brics and emerging markets, but they are not in the same category.

"The link between the Civets nations is tenuous - adventurous investors should only consider (having) no more than 5% of their portfolio in this area," he adds.

Both investment managers warn that management fees and set up costs are the top end of the price range.

With even the US and stronger Eurozone countries struggling, there is no doubt fund managers are having to cast their nets wider to find growth in the world economy.

"At some point risk appetite will stabilise," says Philip Poole of HSBC.

"Then investors will start to look for value, and we think they'll find that value in these types of stories."



__________________


Guru

Status: Offline
Posts: 12637
Date:
Permalink   
 

http://www.bbc.co.uk/news/business-15888069

__________________


Guru

Status: Offline
Posts: 12637
Date:
Permalink   
 

wilfried Ellmer, manager, expat, latin america, colombia, business development, advisor, consultant, portal. german, english, spanish, business development key player network, colombia foreign investment, colombia subsidiary opening, real estate, marine services, tourism, chamber of commerce, business partnering,industrial asset management, joint venture, oil, gas, mining, infrastructure, services, outsourcing, barges, ship repair, shipyard services, development, colombia resident manager, colombia european expat manager, country manager, portal industrial cartagena, internet, seo, search engine marketing, industry, logistics integration, management, projects, headhunting, project setup, executive search, your man in colombia, colombia business development expert, fulltime, parttime, freelance, consulting, available for projects now, logistics, support, setup, WILFRIED ELLMER ASESORIAS Y SERVICIOS S A S, info@tolimared.com

/ Contact / Order / Source / Info /



__________________


Newbie

Status: Offline
Posts: 3
Date:
Permalink   
 

As individuals find out about pellet grills, they rapidly understand that there are various brands offering an assortment of models.

best pellet smoker 2019   |

 

best pellet smoker



__________________
Anonymous

Date:
Permalink   
 

The rise of these investment funds means that I can finally complete my https://www.veloceinternational.com/online-marketing/boost-your-content-shares/ project. That is the best news I've heard all week! I love it!

__________________
Anonymous

Date:
Permalink   
 

The rise of these funds has changed the business forever. I have seen people who work at the https://www.resumewriterslist.com/blueskyresumes-com-review/ website currently say that Civet investment funds are the future, and I pretty much agree with them on this.

__________________
Anonymous

Date:
Permalink   
 

I am satisfied to state that I read this article totally today. There's such a great amount of data here that I can use in my signnow.com/esignature/best-signature-for-my-name paper. I didn't feel that would be workable for me, however I wasn't right.

__________________
Anonymous

Date:
Permalink   
 

As all students know, the GSEB 10th Class Model Paper 2020 of all the subjects released by the Gujarat Board will be uploaded on the official website www.gseb.org. All students of Gujarat SSC Question Paper 2020 can prepare their subject well. You can download your Gujarat Board 10th Class Model Papers 2020 as well as download other question papers

__________________


Member

Status: Offline
Posts: 6
Date:
Permalink   
 

I am thinking to invest in some fields but I am confused about choosing the fields. I already invest in the casino websites and I am using https://icasinoreviews.info/hypercasino-review/ where I was reading about how I can invest in the hyper casino review but I want to invest in another field also. Please help me to choose a good field for investment.

__________________


Member

Status: Offline
Posts: 6
Date:
Permalink   
 

http://cartagena.activeboard.com/

__________________
Anonymous

Date:
Permalink   
 

https://dailybusinessguide.com/

__________________
Anonymous

Date:
Permalink   
 

Thanks for ones marvelous posting! I genuinely enjoyed reading it, you are a great author. I will be sure to bookmark your blog and may come back very soon. I want to encourage you to definitely continue your great job, have a nice weekend. Junior Secondary Result 2019

__________________
Anonymous

Date:
Permalink   
 

Civets investment funds has risen quite quickly, and they deserve credit for that. My mates at http://mobiilikasinoelama.hatenablog.com/entry/2019/09/06/220502 told me about this funding company, and now I am a huge supporter of this company.

__________________
Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard