 There is good news for those in Mongolia
who favor IPOs to raise money internationally for industrial and mining expansion
in the country.
A portfolio strategist
at Goldman Sachs Asset Management has said that the most promising investment
opportunities are increasingly found outside the USA, yet the vast majority of
Americans place little stock in overseas markets. That is a huge mistake,
considering that emerging markets promise superior growth
The facts should speak for themselves: 70 percent of small-cap stocks, about 55
percent of global equities, and two-thirds of REITs are outside the USA.
Yet most U.S.
investors have no more than 5 percent to 10 percent exposure to foreign markets.
Thanks to the slowdown in developed markets, and the
expansion of Asian markets, the rest of the world will represent a bigger and
bigger share of the global marketplace.
Source: news agency
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