Asian investors should look to Latin America, says BNP Paribas Investment Partners, which aims to grow its emerging market portfolio to at least a fifth of its total AUM.
Experts see a cyclical reordering in emerging markets as LatAm overtakes Asia in appeal, while institutional investors are set to transform market dynamics.
That will be a boon to the series of new Brazil and Latin America funds, but investors should be wary of Chilean and Colombian stocks, says the Dutch asset manager.
AsianInvestor asked Simona Paravani of HSBC Global Asset Management and Northern Trust's Bert Rebelo for their outlook on multi-manager investments in 2010.