Capitalizing on the Emerging Markets - Interview with: Christian Menegatti, Roubini Global Economics - North American Investors Summit
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Capitalizing on the Emerging Markets - Interview with: Christian Menegatti, Roubini Global Economics - North American Investors Summit

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For more information contact: emailus@marcusevans.com ...

For more information contact: emailus@marcusevans.com

Christian Menegatti, a speaker at the marcus evans Foundations & Endowments Investment Summit Spring 2012 provides his experience on investing in emerging markets.

Join the 2014 North American Summit along with 60 CIO’s and top decision makers from North America’s largest corporate and public pension funds as well as foundations, endowments and those offering the latest investment strategies on the marketing

For more information contact: emailus@marcusevans.com



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Capitalizing on the Emerging Markets - Interview with: Christian Menegatti, Roubini Global Economics - North American Investors Summit Document Transcript

  • 1. Capitalizing on the Emerging Markets of strength, especially in the labor policies impacted growth. In the short markets. If one wants to be optimistic, term, they must focus on where the one could argue that this could trigger a vulnerabilities and solvency problems positive feedback loop and lead to exist, and hedge against risks. stronger growth. We still predict a two per cent growth rate for 2012 and They should consider assets in emerging slightly lower for 2013. markets with strong fundamentals and demographics, and potential We cannot look at the US in a vacuum productivity gains. as there is still plenty of external risk. Oil prices are rising dangerously and the What implications will the Chinese Eurozone is a significant external risk. A slowdown have on the US economy? tightening of credit conditions in EuropeInterview with: Christian Menegatti, could have a negative impact. China is one of the largest contributorsManaging Director & Head of Global to global growth, although subsidized byEconomic Research, Roubini Global In terms of internal risk, the US is its government.Economics undergoing a deleveraging process mostly in the private sector, but it will We cannot predict if the Chinese eventually have to deal with an slowdown will have a soft or hardThe US economy is showing signs of unsustainable fiscal outlook. The landing, but the effects will be global.growth, but there is plenty of internal question is if the forthcoming fiscal dragand external risk factors to keep Chief will be offset by strong growth in theInvestment Officers (CIOs) of private sector as payroll tax cuts,foundations and endowments at unemployment benefits and theguard, says Christian Menegatti, recovery package are all expiring by theManaging Director & Head of GlobalEconomic Research, Roubini Global end of the year. This could tilt the US economy into a recession. US investorsEconomics. In the meantime, emergingmarkets are proving lucrative, but they What impact will the US need toshould not be lumped into one categorywhen they have very differen t Presidential elections have? look beyond Chinacharacteristics, potential growth rates The US has shown a significant increaseand political risk, he adds. in polarization and political risk inside its system, which will not change after theA speaker at the marcus evans elections. The Republicans are not inFoundations & Endowments favour of further spending, while theInvestment Summit Spring 2012, in Democrats would prefer to address theWheeling, Illinois, July 23 -25, deficit later rather than sooner. If the Any final words of wisdom to CIOs?Menegatti, from one of the world’s expiring programs are not extended, itleading economic and market research could lead to a US recession or fragile CIOs have the opportunity to broadenfirms, talks about the US recovery, the recovery. their investment spectrum towardsChinese economic slowdown and economies that were not necessarilyemerging market investment How should CIOs invest in this part of the investment mix before.opportunities. environment? The opportunity here is to learn to beWhat are your predictions for the Although volatility is low, CIOs cannot more selective and not to lumpUS economy? count on cash, government bonds or emerging markets into one category, as safe investments. They need to study they have very different characteristics,The US economy has shown good signs past deleveraging cycles and how potential growth rates and political risk.
  • 2. About the Foundations and Endowments Investment Summit The Investment Network - Spring 2012 marcus evans Summits group delivers peer-to-peer information This unique forum will take place at the Westin Chicago North Shore, Wheeling, on strategic matters, professional Illinois, July 23-25, 2012. Offering much more than any conference, exhibition or trends and breakthrough trade show, this exclusive meeting will bring together esteemed industry thought innovations. leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on the rebounding investment market, developing innovative asset allocation strategies and forging groundbreaking tactics for the future. www.foundations-endowmentssummit.com Please note that the Summit is a closed business event and the Contact number of participants strictly limited. Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.comAbout marcus evans Summitsmarcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discussstrategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity toindividually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.For more information, please visit: www.marcusevans.comUpcoming EventsEuropean Pensions & Investments Summit - www.epi-summit.comUS Pensions Summit - www.uspensions-summit.comTo view the web version of this interview please, click here: www.foundations-endowmentssummit.com/ChristianMenegatti