Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

BlackRock's Vecht: how I'm avoiding the EM bubble

Citywire + rated Sam Vecht  thinks investors should be concerned about the combination of poor liquidity and a worrying macro backdrop for many emerging and frontier markets, and warns that it is 'strange' that many are prepared to pay so much for highly illiquid stocks.

With concerns over a bubble developing in parts of the index, Vecht explains why he is shunning Sub Saharan Africa but is happy to invest in the more liquid Saudi Arabian market.

Vecht, who runs the BSF Emerging Markets Absolute Return Fund also reveals his other highest conviction bets for the emerging markets.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter