India’s improving equity valuations overshadowed by inflation

jamesmolony — Mon, 30 Jun 2008 13:02:21 +0000

In the current environment fund managers are in no rush to buy shares in India where inflation recently hit a 13 year high - rising above already downbeat forecasts - but they are eagerly awaiting the buying opportunities likely to emerge in the months ahead. The market has fallen 30% since January and, it seems, has got further to go. Unsurprisingly fund managers are still hugely optimistic over the long-term propsects for India’s economy and will be looking to get in on the infrastructure roll out as it begins to materialise. But the near-term environment is simply too clouded with uncertainties. To see what fund managers are currently saying about India click here:

FOCUS Improving equity valuations taking backseat to macro risks in India

Charlemagne’s eastern Europe fund looks to gain from M&A, corporate activity

jamesmolony — Wed, 16 Jan 2008 15:45:10 +0000

LONDON (Thomson IM) – Charlemagne Capital’s Magna Eastern European Fund is seeking out companies poised to benefit from consolidation or corporate activity in the near future as it looks to build on returns of 24.7 pct in 2007.

The fund said it capitalised on a good stockpicking environment in December to add gains of 4.5 pct – one of its best monthly performances of the year.

It outperformed the MSCI Emerging Markets Europe 10/40 Index which rose 3.1 pct in December and 21 pct for the year.

Shares in the region were boosted in December, particularly in Russia, as the oil price rose to 100 usd per barrel.

http://www.thomsonimnews.com/story.asp?sectioncode=7&storycode=34250

Fund Management Reporter

India’s improving equity valuations overshadowed by inflation

Charlemagne’s eastern Europe fund looks to gain from M&A, corporate activity