Copying and distributing are prohibited without permission of the publisher
Buy emerging market stocks over debt: Morgan Stanley
December 02, 2010
The US investment bank believes that emerging market equities look set to outperform emerging market bonds in the coming year. It particularly favours energy stocks, while advising that investors avoid consumer staples companies.
Emerging market equities are set to outperform debt in 2011, with energy stocks a particularly appealing sector, predicts Jonathan Garner, chief of global emerging market strategy at Morgan Stanley.
“We continue to be bullish on energy amid an inflationary backdrop,”...
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.