Finance / United States
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Closing Bell
February 2008 | Closing BellSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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More bad economic data out of the US last week, and another shaky series of sessions on Wall Street, has some investors looking to more fertile ground overseas. There is very little talk of recession in places like Asia, Latin America and Africa, and it looks like many investors who haven't yet taken the plunge into emerging markets (EM( are beginning to take a look. Those that have experience in EM, or are just beginning to look, apparently like what they see. JPMorgan recently revealed that it has committed US$750mn to a new private equity fund devoted to Asia. It