683 مخالفة لشركات المقاولات في عجمان خلال 3 أشهر

 The economic turmoil in Turkey this year from devaluation, downgrades and US economic sanctions paved the way for making it one of the most attractive countries to invest next year, the Bloomberg Economic Network quoted officials at major investment companies as saying.

In a seminar held last Thursday at the Emerging Markets Traders Association's annual meeting in New York, Shamila Khan, emerging markets debt manager at Alliance Bernstein, a $ 500 billion investment group, and Harry Hararhan, CEO of NWI Management, the Turkish bonds as the best investment country for 2019.

Shamila Khan said she preferred the notes denominated in lira, while Hararehar preferred US dollar bonds, especially in the banking sector.

In turn, the US network pointed out that there are some signs that the tide began to turn, as the Turkish lira rose by 30%, since falling to the lowest level in August, more than any other major currency followed by Bloomberg, despite the expectations of the agency Moody's Investors Service to shrink the growth of the Turkish economy during the first half of 2019.

Jim Barino, head of emerging-market debt at New York-based Schroeder Asset Management, said he recommends a basket of short-term non-investment bonds from developing countries. He said, "I keep it and turn to sleep, and will outperform almost every other asset class."

Pablo Goldberg, Black Rock's portfolio manager, said he expected emerging market debt to be more attractive next year than high-yielding US bonds due to slowing growth in the United States.

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Published on 11 December 2018
683 مخالفة لشركات المقاولات في عجمان خلال 3 أشهر
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