Investors are increasingly looking for good opportunities to back tech innovators, consumer goods providers, real estate firms and other companies based in emerging markets. Many are eyeing China, Brazil and India – but there are compelling reasons why investors should look to Africa, states Joseph Rutakangwa, co-founder and CEO of Rwazi.
With domestic financial markets still roiled by high-interest rates and hit-or-miss corporate earnings, many investors will look to emerging markets this year for returns that have been elusive on Wall Street.
But one of the world’s top banks is warning investors not to buy indiscriminately, as opportunities vary widely region by region.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
