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More Brits want stock in emerging markets, survey shows

More Brits want stock in emerging markets, survey shows
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One in ten working adults in the UK is considering investing in stock in emerging markets in the next year, according to new research.

The poll, carried out annually by Baring Asset Management, found a 15 per cent increase in the number people weighing up investment opportunities in countries going through rapid economic growth, such as Russia, Brazil and China.

Marino Valensise, chief investment officer at Barings, described the news as "encouraging" and believes there is a "compelling" case for this kind of investment.

He said: "Emerging markets are attractively valued, the global economic recovery and continued low interest rates are supporting emerging market growth, consumer spending is on the rise and demographics are supportive."

Men are three times more likely than women to invest in stock in emerging markets over the next year, according to the survey, with 15 per cent considering a move.

The news follows research by the firm showing frontier Asian economies such as Vietnam and Sri Lanka are becoming increasingly attractive to UK investors.

Posted by Greg SeckerADNFCR-1681-ID-800027994-ADNFCR