People 'should invest in emerging markets'

Anyone considering making an investment abroad - perhaps including those buying property in Brazil - should definitely consider the emerging economies.This is according to fund manager Bryan Collings, writing for CityWire, who pointed out that most investors in the UK and the US only have around five per cent of their portfolios in such countries, despite the fact that they are likely to offer good returns and other benefits."It makes no sense to have so low an allocation to such a large and important asset class," he opined.Mr Collings pointed out that over one billion people will be middle class by 2030 in emerging economies like Brazil, resulting in their having greater spending power.Not only this, but the high growth in GDP that Brazil is currently experiencing usually results in good returns on investments, the expert said.Earlier this month, central bank director Gustavo Franco told Bloomberg that Brazil is looking better in every economic aspect than it has in the 15 years since the introduction of the real.

full article: People should invest in emerging markets - Brazilian News