Fidelity's Nick Price on how best to invest in South Africa as it comes under the World Cup spotlight.
This summer’s football World Cup in South Africa will shine the spotlight of world attention on the country. The event comes at a time when investors are rediscovering their appetite for risk assets, and in spite of the more cautious start to the beginning of this year compared to the end of last, emerging markets remain hot property. The investment case for shifting growth-seeking assets to emerging markets is very clear. Among other things, developed markets’ public and consumer debt will mean the scars of the financial crisis run deep and are very likely to provide resistance to futur...
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