Advisers back emerging markets for 2010 despite Dubai debt

Laura Miller
clock

A third (32%) of IFAs are putting their weight behind emerging markets to outperform next year, despite concerns about Dubai's debt problems.

This is slightly ahead of UK shares which are favoured by 30%, according to research from the Virgin Money Investor Intentions Index. Year on year, optimism in emerging markets is up from 17% at the end of 2008 to 32% in 2009. Sentiment towards far east shares also rose by 10% on December 2008's scores to 22% now, the research suggests. IFAs are still advising clients to invest in UK shares, however, with 83% planning to advise clients to invest in the UK over the next three months. This compares with bonds at 77% as the next most popular sector ahead of emerging markets and europe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Emerging Markets

Advisers expect increased client allocations to emerging markets

Advisers expect increased client allocations to emerging markets

Emerging and frontier markets will outpace growth in developed markets, study shows

Isabel Baxter
clock 05 November 2024 • 1 min read
'Remarkable breadth': Rethinking risk in emerging markets

'Remarkable breadth': Rethinking risk in emerging markets

Emerging and developed market distinctions 'increasingly blurred'

Gabriel Sacks
clock 11 September 2024 • 4 min read
Partner Insight: Vanguard's perspective on China's economic challenges

Partner Insight: Vanguard's perspective on China's economic challenges

Vanguard’s chief economist in Asia-Pacific, Qian Wang, and senior investment strategist, Grant Feng, explore the outlook for China’s economy and what it might mean for global investors.

Qian Wang, Chief Economist in Asia-Pacific, Vanguard and Grant Feng, Senior Investment Strategist, Vanguard
clock 25 September 2023 • 8 min read