FPP Expects Good Returns From Emerging Markets In 2011

Feb 15 2011 | 8:45am ET

London-based emerging markets asset manager FPP Asset Management expects emerging markets in general to generate “good returns” in 2011, with China, Hong Kong, Taiwan, Korea and Russia turning in the best performances of the year.

In its latest presentation to investors (entitled “A Winter’s Tale” and featuring a photo of an airplane on a snowy runway), FPP points out that after a strong 2009 (returning 74.5%) and a disastrous 2008 (falling 54.5%), the MSCI Emerging Markets index returned 16.4% in 2010—a respectable rate of return, particularly when compared to the 9.6% performance of the MSCI World Free index.

“Based on our long-term experience and commitment as Fund Managers in Emerging Markets and knowledge of current conditions, backed up by independent research and findings…we suggest that Emerging Markets will continue to generate good returns in 2011,” said FPP.

In addition to its predictions for best EM performance in 2011, FPP said there was a “debt hangover” in the West—although not in emerging markets—but that it is “dissipating;” that higher interest rates are inevitable, but should be welcomed as “a sign of recovery;” and that equity valuations across the world “remain fair” and investors afflicted by “diseased opinion.”

FPP Asset Management focusees on both traditional and alternative investments. It’s long/short vehicles include the FPP Emerging Hedge Fund, the FPP Seven Seas Fund and the FPP Yellow Tiger Greater China Fund.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR