Consumer Spending Growth in Emerging Asia offers Investment Opportunities

The latest edition of Bloomberg Businessweek had an interesting article on the stock picking strategy followed by David Winters of the Wintergreen Fund(WGRNX). He focuses on companies that are poised to profit from the growing consumer spending in countries like India, China, Malaysia, Indonesia, etc.

The following foreign stocks are some of the holdings of this fund:

Pernod-Ricard SA
Nestle (OTC: NSRGY)
Genting Bhd
Genting Malaysia Bhd (OTC: GMALF)
Schindler Holding AG (OTC: SHLAF)
Anglo American PLC
Canadian Natural Resources Ltd (CNQ)
Japan Petroleum Exploration Co
Petrobank Energy and Resources Ltd
Swire Pacific (OTC: SWRBY)
Swatch AG
Compagnie Financiere Richemont
British American Tobacco (BTI)
Imperial Tobacco Group (OTC: ITYBY)
Japan Tobacco
Jardine Matheson Holdings Ltd
ABG Sundal Collier Holding ASA
Aruze Corp
Capstone Mining Corp
Birchcliff Energy Ltd
Witwatersrand Consolidated Gold Resources Ltd

Note: Holdings noted here as of June 30, 2009

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