Neville Shaw, emerging markets manager at Mirabaud Asset Management, reports on his recent trip to Brazil and explains why investors should remain cautious.
Which currencies should EMD investors hold in their portfolios?
Brazil is a good illustration of why many investors remain wary of emerging market debt (EMD), despite the serious attractions of the asset class.
Was at Neptune for ten years
Both agree urbanisation to provide significant boost
Investors waiting on sidelines
South Korea looks attractive