Gurus Build a Portfolio with Chinese ‘BRICs’
John Reese submits:
In a question and answer segment on his firm’s web site, Templeton Asset Management Executive Chairman Mark Mobius recently offered his 2010 outlook for the BRIC nations — Brazil, Russia, India, and China.
Mobius says he’s keying in on two major areas when it comes to BRIC equities: commodity and consumer stocks. He also said that, while investors should expect volatility in these areas of the market in the short term, all four BRIC countries are offering good opportunities. “Our largest holdings are in Brazil, China and India but we are continuing to hold and purchase Russian stocks due to their attractive valuations and long-term potential,” he says. “All four markets present opportunities at the moment and it is difficult to pick any one over the others.”
Investing, Long Term Investment, stock market | admin March 4, 2010
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