Have Emerging Markets Jumped the Shark?

Posted by Paul Vigna on December 16, 2010
Markets, Stocks

Newswires’ Chris Dieterich reports:

Fund flows show money is still headed for emerging-market stocks, but some think it’s time for a reality check on expected returns. Guggenheim Securities’ Andrew Brenner notes, in typical exclamatory fashion, a sign that emerging markets could be over-hyped. “WHEN 60 MINUTES RUNS A LEAD STORY AS TO HOW BRAZIL AND EMERGING MARKETS IS THE PLACE TO INVEST, WE GET WORRIED.” Brazil’s Bovespa stock index, for instance, is off 1.5% this year. Yet while US equities funds bled $2.7B in the week ended Dec. 8, foreign funds had $1.3B of net inflows, according to ICI.

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December 17, 2010

[...] Market Talk » Blog Archive » Have Emerging Markets Jumped the Shark? newswires-americas.com/markettalk/?p=14694 – view page – cached Fund flows show money is still headed for emerging-market stocks, but some think it’s time for a reality check on expected returns. Guggenheim Securities’ Andrew Brenner notes, in typical exclamatory fashion, a sign that emerging markets could be over-hyped. “WHEN 60 MINUTES RUNS A LEAD STORY AS TO HOW BRAZIL AND EMERGING MARKETS IS THE PLACE TO INVEST, WE GET WORRIED.” Brazil’s Bovespa… Read moreFund flows show money is still headed for emerging-market stocks, but some think it’s time for a reality check on expected returns. Guggenheim Securities’ Andrew Brenner notes, in typical exclamatory fashion, a sign that emerging markets could be over-hyped. “WHEN 60 MINUTES RUNS A LEAD STORY AS TO HOW BRAZIL AND EMERGING MARKETS IS THE PLACE TO INVEST, WE GET WORRIED.” Brazil’s Bovespa stock index, for instance, is off 1.5% this year. Yet while US equities funds bled $2.7B in the week ended Dec. 8, foreign funds had $1.3B of net inflows, according to ICI. View page [...]