Beyond the frontier: Emerging Crowd founders take crowdfunding to emerging markets April 15, 2015 Next week, a new crowdfunding platform is set to launch: Emerging Crowd. In the industry, it’s a first – because it will give retail investors in the UK the opportunity to directly buy shares and bonds in emerging market SMEs. At the same time, it will be the first time that emerging market entrepreneurs will [...]
IMF: “Complex forces” drive mature market growth, dampen emerging markets in 2015-2016 April 14, 2015 There are “complex forces” across the world that could lead to “uneven” growth over the next year, the IMF has warned. Overall global growth is forecast at 3.5 per cent in 2015 and 3.8 per cent in 2016 – but beneath these top line figures there will be a huge variety. The two biggest [...]
Ashmore assets shrink again as investors flee emerging markets April 14, 2015 The figures Ashmore struggled to combat a retreat from emerging markets as its assets under management shrunk once again in the third quarter ended 31 March 2015. Total assets dropped to an estimated $61.1bn (£41.66bn), a fall of 4.1 per cent from the $63.7bn held at the end of the last quarter. The investment [...]
New credit crisis brews in emerging markets March 30, 2015 Beware contagion from looming bank failure in Brazil INVESTORS in emerging markets have been left sorely disappointed in recent years, as on-going political and economic problems are plaguing the sector’s key nations, including Brazil, China, Turkey and Russia. Over five years, the MSCI Emerging Markets index has risen just 8.9 per cent, compared to the [...]
G4S returns to profit as revenue from emerging markets surges March 10, 2015 CONTROVERSIAL security firm G4S has returned to profit after seeing its emerging market revenues surge, it emerged yesterday. The firm’s domestic market suffered in recent years due to fallout from the Olympic Games and government fines relating to electronic tagging. Last April, G4S had to refund the government £109m after an audit found it charged [...]
Ashmore assets continue to fall as investors retreat from emerging markets February 24, 2015 The figures Specialist emerging markets manager Ashmore has once again been hit by a strong dollar and a leak in investment. In the six months ending 31 December 2014, assets under management fell 15 per cent to $63.7bn (£41.7bn) as investors pulled $4.5bn from the company. Average assets under management were $71.2bn – eight per [...]
Aberdeen Asset Management share price hit by dip in emerging market appetite February 3, 2015 Volatility and a decline in investor sentiment for emerging market assets ensured Aberdeen Asset Management saw a decline in its portfolio during the three months ending 31 December. The quarterly results were particularly impacted by market conditions during December, which offset the positive inflows in equities seen during the preceding two months. A declining [...]
Twitter buys Indian mobile content marketing startup Zipdial as it eyes emerging markets January 20, 2015 Twitter has confirmed speculation that it’s buying Zipdial, a mobile content marketing startup based in India which lets users connect through Twitter without being online. Zipdial provides a “missed call” feature allowing users to receive inbound marketing via text message, app notifications or voice calls after making a call to a free number. Users avoid [...]
Under the bonnet: Key themes for emerging markets this year January 12, 2015 Dollar strength and plunging oil will have a big impact MUCH of the growth the global economy has seen since the financial crisis has emanated from emerging markets. But many analysts expect this narrative to change in 2015, with growth momentum shifting to developed markets like the US. Late last year, Fitch revised down its [...]
Outlook for 2015 better than last year, but emerging markets are a worry for Fitch December 16, 2014 Do you want the good news or the bad news? Let's go with the good: According to ratings agency Fitch, the global outlook is far more balanced for 2015 than it was this time last year. At the back end of 2013, there were twice as many negative as positive outlooks for sovereign creditworthiness, [...]