FX Invest Europe: Get into emerging markets, say managers
Brian Tomlinson, portfolio manager on the FX desk at Pimco in Munich, told delegates his firm is no longer focused heavily on the euro, the US dollar or the yen as those currencies are overburdened with debt and offer little return to investors. Emerging markets such as Singapore, India, Korea and China offer far better prospects for investors, he explained.
“Emerging market countries have tremendous FX reserves that make some of the Western industrialised countries look like peanuts. These
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