Ask The Experts: Can Emerging Europe Save Your Europe Investment?
Allan Conway, Head of Global Emerging Market Equities, Schroder Investment Management shares his outlook on Emerging Europe
•Emerging Europe outlook positive. Specific countries like Turkey, Russia, and Egypt
•Russia has oil reserves (positive outlook for oil) and low PE of 7x
•Turkey strong economic fundamentals, young large population
•Egypt large young population, attractively priced
•Corresponding return potential upside with earnings growth of 20% to 30%
•Risks come from macroeconomic news from developed Europe, The fundamental economic strength of these countries is not as dependent on that of developed Europe
•Region is very attractively valued due to sell-off
||: Ask The Experts: Can Emerging Europe Save Your Europe Investment?