Emerging markets have soared in popularity among UK investors with one in ten now seeking exposure, according to new figures.
Baring Asset Management has found that 4.7 million investors are considering making an investment in emerging markets in the next year in a bid to maximise their money with emerging market growth by taking advantage of the global economic recovery.
Asian markets such as China and Brazil are expected to prove popular for those seeking short term benefits but investors looking for long term growth will be looking at all possible emerging markets, the research suggests.
Emerging markets are defined as countries in the process of rapid growth and industrialisation with the Middle East and North Africa expected to see a surge in popularity over the next few years.
Marino Valensise, Chief Investment Officer at Barings, said: "It has been a turbulent year for all economies around the world including the emerging markets but it seems that, like us at Barings, consumers have faith in the long-term growth prospects of these markets.
“We believe we are at the optimum point in the global economic cycle for investing in emerging markets. The fact that an increasing number of people are considering emerging markets funds for investment is really encouraging.”
The research also found that those aged between 25 and 34 are the most likely to invest in emerging markets in the next year and men are three times more likely to invest in emerging markets than women.
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