North American fund managers argue that US corporates offer the opportunity to benefit from rapidly growing emerging markets and thereby offer the best of both investment worlds
The US is fast being left behind in the dust created by China’s rapid rise both in market terms and in its popularity as a regional fund choice for UK investors. For the past several years, even with dramatic falls in its stock market, investor interest has centred on the Eastern part of the East-West equation. In comparison to China, a mature western economy seems dull. US corporates have also been under criticism in the wake of its sub-prime crisis which sparked the worldwide credit crisis, while its economy remains weak from its fall out. With all this going on it is little wonder ...
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