US-based investors looking to invest in Italian companies can take the ETF route as only a few companies from there are listed as ADRs. Two ETFs that are focussed on Italy are available. One is the iShares MSCI Italy Index Fund (EWI) and the other is the NETSâ„¢ S&P;/MIB Index Fund Italy (ITL).No closed-end funds …
Over the past few days temperatures in Europe plummeted to record levels. In Germany, temperatures fell below -25 C last Monday. People have been using record levels of natural gas and electricity to stay warm. Energy prices are soaring in UK as some of the gas companies export the supply to continental Europe to meet …
Continue reading ‘Europe Freezes – Time to Invest in European Utilities?’ »
The country of Chile in South America has one of the strong democratic governments. Chile has been following sound free market economic policies since the 1980s. With a population of about 12 million Chile’s economy is export-oriented with concentration in fishing, forestry and copper. According to Wikipedia, Chile’s financial system is among the top in …
The AFI Magazine – Issue #3(December 2008) of UK says: “A quarter of the FTSE 350 could cut or scrap dividends in the next 12 months because of the economic environment“. (emphasis added) Due to the above, a panel of fund advisers suggest staying away from cyclicals like basic materials, industrials and service sectors. The …
Emerging market stocks were all the rage up until the middle of last year. Stocks from Brazil, India, Russia and China (BRIC) were gobbled up by investors like there was no tomorrow. However the credit crunch has hit the emerging markets harder than developed markets last year. In fact the US markets performed better than …