Geoff Lewis, Hong Kong-based head of investment services at JP Morgan Asset Management, comments on China’s effort to become a more consumption-driven economy and the potential of shale gas.
Most Indian stocks climbed for the fourth day as investors awaited monetary policy decisions by the U.S. Federal Reserve and European Central Bank.
Hong Kong stocks fluctuated after the U.S. reported manufacturing declined, heightening concern an economic recovery may falter. Agricultural Bank of China Ltd. advanced on its debut.
Bonds are proving a salve for emerging markets after the worst start to a year in the currencies and stocks of developing nations since 2010.
For all their recommendations to buy emerging-market stocks, the world’s largest money-management firms haven’t convinced some investors that the worst start to a year since 2009 is over.
Emerging-market stocks dropped for the first time in five days as slower manufacturing growth in China and Europe spurred concern the global economic recovery may wane.
"We are comfortable making investments that look weird to people, such as SpaceX."
- Geoff Lewis on Jan 08, 2015