Tuesday, June 26, 2007

Emerging Markets Offer Safest Stock Investments, Schroder's Conway Says

(Bloomberg) -- Developing nations' stocks markets
and economies are less risky for investors than their developed
counterparts because they're best able to weather a U.S.-induced
slowdown, according to Schroder Investment Management Ltd.

``The safe haven in a storm would be emerging markets,''
Allan Conway, who oversees $10 billion as London-based head of
global emerging-market equities at Schroder, said today in Seoul.
``It is true to say the economic fundamentals in emerging
markets are stronger now than in the developed economies. It has
never been possible to make that statement in the past.''


Read more at Bloomberg Stocks News

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