Friday, July 19, 2013

BlackRock Sees Opportunities in Emerging Markets

BlackRock, the world’s largest asset manager and the parent company of iShares, the world’s largest exchange traded fund (ETF) provider, sees opportunities in emerging markets.

“Emerging markets are far from bulletproof. But they are better equipped than ever to counter the challenges [they will have to face] in the second half of the year,” reports Chiara Albanese for the Wall Street Journal, citing commentary from BlackRock portfolio managers in the firm’s mid-year update.

In terms of specific markets, weak currencies and declining commodities prices, among other factors, could continue to hamper markets such as Peru and South Africa. Structural funding issues could be problematic for nations such as India, Indonesia and Turkey, according to the Journal.

On the other hand, BlackRock sees opportunities in a pair of formerly beloved emerging markets along with one Eastern European country that has, at times, during the tumult proven somewhat sturdy.

“Mexico is a well-loved child and as soon as volatility calms down, investors will jump back in the market. The same is likely to happen for the Philippines and Poland in Eastern Europe,” said Benjamin Brodsky, global head of fixed income asset allocation and emerging markets at BlackRock.

Source:  Tom Lydon, ETF Trends

SPDR S&P Emerging Market Dividend (EDIV) is a component of the D2 Capital Management Multi-Asset Income Portfolio.  Trailing 12 month yield for EDIV is 6.81% (as of 19 July 2013).

The information contained in this article does not constitute a recommendation, solicitation, or offer by D2 Capital Management, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. D2, its clients, and its employees may or may not own any of the securities (or their derivatives) mentioned in this article.

 The Jacksonville Business Journal has ranked D2 Capital Management in the top 25 of Certified Financial Planners in Jacksonville.  The Firm is also a member of the Financial Planning Association of Northeast Florida, the Jacksonville Chamber of Commerce, the Southside Businessmen's Club, and the Beaches Business Association.

No comments:

Post a Comment