Emerging Markets Still In CEOs’ Sights

Shifting U.S. monetary policy, local politics, and less vibrant growth rattled investors’ confidence in emerging markets at the start of the year. Yet developing-country currencies and bond markets have rallied strongly in recent weeks.  The latest big moves by Europe-based multinational companies underscore why investors’ confidence in long-term emerging-market growth looks warranted.  Take the $50-billion merger between France's Lafarge SA and Switzerland’s Holcim. Much of the immediate focus is whether the two cement, concrete and aggregates suppliers can convince anti-trust watchdogs in North America and Europe, regions where their operations overlap, that they can sell assets to mitigate competition concerns.  

http://tinyurl.com/kela7jy


-Igor P. Purlantov