CHWI - Exposure in Asia and China3 Nov 2009 22:30
This is great new for shares like China Western Investments – CHWI and Plant Offshore Group – POGL Both these company benefit from being in Asia see comment:
As investors position their portfolios, they must take into consideration the unique features of this recovery, he said. For example, it was led by emerging-markets growth, which is atypical of most global recoveries.
Asia will remain the most economically dynamic region of the world for a long time, and Barclays Wealth is encouraging its clients to ask themselves, "Does this investment give me exposure to economic growth in Asia?" Gurwitz said.
NEW YORK (Dow Jones)--Global markets are now functioning normally, and stocks, particularly those in developed markets, likely offer more upside going forward, according to Barclays Wealth.
The global wealth-management business of London-based Barclays PLC (BCS, BARC.LN) is encouraging its clients to move past the crisis; seek exposure to economic growth in Asia; and prepare for short-term interest rates in core countries to remain low for "a very, very long time," Aaron Gurwitz, managing director and head of global investment strategy at Barclays Wealth, said Tuesday at a "year-in-review" briefing.
The asset manager, which caters to high-net-worth, affluent and intermediary clients around the world, has $221 billion under management.
"The crisis is over," said Gurwitz, yet many investors have been "doubly