1.

Record Nr.

UNINA9910141359503321

Autore

Gaeta Gordian

Titolo

Opportunities in emerging markets [[electronic resource] ] : investing in the economies of tomorrow / / Gordian Gaeta

Pubbl/distr/stampa

Singapore ; ; Hoboken, N.J., : John Wiley, 2013

ISBN

1-119-19909-3

1-283-86950-0

1-118-24720-5

Descrizione fisica

1 online resource (450 p.)

Disciplina

332.6091724

Soggetti

Investments - Developing countries

Investments

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Opportunities in Emerging Markets: Investing in the Economies of Tomorrow; Copyright; Contents; Preface; Selected List of Acronyms; Part One: On the Selection and Classification of Developing Markets; Chapter 1: On Developing Markets in General; The Notion of Developing Markets; The Nature and Structure of Emerging Markets; The Spectacular Rise of Developing Markets; Practical Perspective on Frontier Economies; Some Factors to Consider in Frontier Markets; Price Discovery; Liquidity and Front-Running Liquidity; Noncorrelation; Conducting Research in Frontier Markets; Conclusion

Chapter 2: Developing Market Classifications and CategorizationsInvestable Emerging Market Classifications; Standard & Poor's (S&P); FTSE International Country Classification; MSCI Emerging Markets Index; Dow Jones Emerging Markets; Bloomberg Emerging Market Ranking; BlackRock; iShares/BlackRock; Lipper/Thomson Reuters; Rising Star; HSBC Emerging Markets Index; Goldman Sachs-Growth Environment Scores; Morgan Stanley-Emerging Market Universe; STOXX-Emerging Markets Index; Frontier Market Categorizations; S&P; FTSE; MSCI; Morgan Stanley-Frontier Market Universe

Bloomberg Emerging Market RankingNASDAQ OMX; Bank of New York Mellon; Conclusion; Chapter 3: Considerations on Emerging and



Frontier Market Classifications; Consequences of Classifications; Issues with Classifications; Lack of Differentiation between Investable Economies and Investable Securities; Bias toward Large and Accepted Stock Markets; The Dilemma of Country Classifications; A Potential Leap in Classifications; Indexing and Passive Investment: The Asian Investor Perspective; Respondents' Usage and Perception of Standard Market Indexes

Defining the Index Universe: Indexes for Subsegments of a Broader UniverseConclusion; Chapter 4: Alternatives on Selecting Investable Developing Economies; Investor Factors of Importance; Essential Economic Freedoms; Global Competitiveness; Doing Business; Governance Indicators; Financial Centers Ranking; Global Manufacturing Competitiveness; Stock Market Aspects; Conclusion; Chapter 5: Private Equity Flows as a Lead Indicator; Private Equity Flows: The Next Wave of Investable Markets; Private Equity as Lead Indicator; Emerging Markets Private Equity in Practice; Enabling Conditions

Business ConditionsThe Opportunity; Risks; Conclusion; Chapter 6: A Different Selection of Investable Markets; Part Two: The Investment Case for Developing Markets; Chapter 7: Emerging Markets Investments-Short Term or Secular Theme; The Confounded State of Industrial Nations; Key Issues; Global Trade; Self-Generated Growth; Competitiveness under Review; Availability of Production Factors; Consumer Developments; Financial Crisis Uncovers Vulnerabilities; Change in Global Power Balance; The Rise and Fall of Superpowers; Emerging Markets on the Growth Path; Driving Framework Conditions

Global Redistribution Has Only Started

Sommario/riassunto

The practical guide to investing in emerging markets Though potentially risky, investing in emerging markets can offer extremely attractive returns. Opportunities in Emerging Markets offers practical advice for investors based on the real life experiences-both positive and negative-of practitioners, pioneer investors, and local heroes with experience in frontier markets. Exploring how every developing market has its own unique regional cultures and social structures that change the way investors invest, and must be understood in order to make wise investments, the book combines