Himsworth warns on emerging markets value trap


Gartmore's Leigh Himsworth warns investors are in danger of being sucked into the emerging market story without properly considering asset valuations.

The head of UK equities says the risk to investors is getting caught up in the excitement of the emerging theme, rather than maintaining focus on valuations. "Whilst Far Eastern economies may well prove to be the engine for growth into the foreseeable future, we must be wary of being ‘sucked-in' to this trade and being ‘swept along' with the rest of the investment community," says Himsworth. In addition, Himsworth says given the uncertainty of the outlook for 2010 and the lack of discrimination within asset classes and sectors, he is keeping sector weighting fairly neutral and concent...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Global

“Changes in fiscal, monetary, climate and debt policy are needed to counter capital misallocation and inequality,” World Bank president David Malpass said.

World Bank: 'Considerable' risk of stagflation

Growth forecast slashed

James Baxter-Derrington
clock 08 June 2022 • 1 min read
While developed market growth is set to stall, chief strategist at Pictet Asset Management Luca Paolini argued emerging markets would offer "double-digit opportunities"

Pictet AM warns of recession within two years and backs web3.0

'Reconfigure the investment landscape'

Melanie Boulton
clock 07 June 2022 • 2 min read
The Big Picture: What were the biggest stories from May?

The Big Picture: What were the biggest stories from May?

Recapping the top stories

James Baxter-Derrington
clock 06 June 2022 • 1 min read