ad info




Asiaweek
 home
 intelligence
 web features
 magazine archive
 technology
 newsmap
 customer service
 subscribe
 TIMEASIA.COM
 CNN.COM
  east asia
  southeast asia
  south asia
  central asia
  australasia
 BUSINESS
 SPORTS
 SHOWBIZ
 ASIA WEATHER
 ASIA TRAVEL


Web-only Exclusives
November 30, 2000

From Our Correspondent: Hirohito and the War
A conversation with biographer Herbert Bix

From Our Correspondent: A Rough Road Ahead
Bad news for the Philippines - and some others

From Our Correspondent: Making Enemies
Indonesia needs friends. So why is it picking fights?

Asiaweek Time Asia Now Asiaweek story

PLAYING TO WIN


Don't bet the family silver

Playing emerging markets is a high-risk, high-return game. Make sure it is part of an overall investment program that ensures your long-term financial needs are addressed. That usually means placing most of your money in conservative vehicles while setting aside, say, 5% to 10% for riskier ones, like emerging market funds.

Look for a solid growth story:

In choosing a stock or unit trust investment in an emerging market, its economic and business fundamentals are key. Hong Kong fund manager Yeh V-Nee of Value Partners chooses companies that benefit from China’s growth. One of his choices: Le Saunda, a Hong Kong shoe retailer whose mainland sales are growing 50% a year. And when you do decide to go into a market, remember that returns will tend to be in the long term.

Choose funds for diversification, liquidity and service:

Unit trusts focus on a country, region, sector such as infrastructure, and smaller-capitalization stocks. It is crucial to diversify and thus enhance liquidity and reduce risk. Such unit trusts will tend to be volatile; having a broad spread will help ensure that one or two funds will offer profit-taking opportunities at any time. In choosing funds, expertise and track record are obvious considerations, but also pay attention to one-time fees and redemption services, given that you may want to dash out of markets if losses mount.

No stock market? — try direct investment:

In Vietnam, direct investment funds are the option. They put money in a range of ventures from hotels and restaurants to shoe factories and theme parks. Property is a popular choice. But check foreign ownership rules. And with no bourse to bail out from, consider these forays only for the long term.


This edition's table of contents | Asiaweek home

AsiaNow


   LATEST HEADLINES:

WASHINGTON
U.S. secretary of state says China should be 'tolerant'

MANILA
Philippine government denies Estrada's claim to presidency

ALLAHABAD
Faith, madness, magic mix at sacred Hindu festival

COLOMBO
Land mine explosion kills 11 Sri Lankan soldiers

TOKYO
Japan claims StarLink found in U.S. corn sample

BANGKOK
Thai party announces first coalition partner



TIME:

COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

THAILAND: Twin teenage warriors turn themselves in to Bangkok officials

CHINA: Despite official vilification, hip Chinese dig Lamaist culture

PHOTO ESSAY: Estrada Calls Snap Election

WEB-ONLY INTERVIEW: Jimmy Lai on feeling lucky -- and why he's committed to the island state



ASIAWEEK:

COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel ě at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness


Launch CNN's Desktop Ticker and get the latest news, delivered right on your desktop!

Today on CNN
 Search

Back to the top   © 2000 Asiaweek. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines.

˙