Filed under: International Markets, Forecasts, India, China, Brazil, Russia, Mexico, Economic Data

Devan Kaloo, of Aberdeen Asset Management foresees a 15% drop for stocks of developing countries. His fund is investing in the developing countries of Mexico, India and Turkey. He is neutral on Brazil and underweight on Russia.

He is holding fewer Chinese stocks because he feels that stock valuations in China are overdone. The $586 billion stimulus package is due to run out this year. The helped the Shanghai Composite Index to rise 80% last year. This year to date the index is down 6.4%.

Continue reading Aberdeen Foresees Stocks of Developing Countries Falling 15%

Aberdeen Foresees Stocks of Developing Countries Falling 15% originally appeared on BloggingStocks on Wed, 10 Mar 2010 14:00:00 EST. Please see our terms for use of feeds.

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Filed under: International Markets, Forecasts, India, China, Brazil, Russia, Mexico, Economic Data

Devan Kaloo, of Aberdeen Asset Management foresees a 15% drop for stocks of developing countries. His fund is investing in the developing countries of Mexico, India and Turkey. He is neutral on Brazil and underweight on Russia.

He is holding fewer Chinese stocks because he feels that stock valuations in China are overdone. The $586 billion stimulus package is due to run out this year. The helped the Shanghai Composite Index to rise 80% last year. This year to date the index is down 6.4%.

Continue reading Aberdeen Foresees Stocks of Developing Countries Falling 15%

Aberdeen Foresees Stocks of Developing Countries Falling 15% originally appeared on BloggingStocks on Wed, 10 Mar 2010 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments