Investors 'head for emerging markets'
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UK investors are increasingly looking to emerging markets such as Latin America for better returns on their investments, it has been reported.
Research from New Star has found 70 per cent of UK investors believe emerging markets will generate greater returns on investments than developed markets, the Financial Times reports.
More than half of the investors surveyed said they are considering increasing or adding exposure to emerging markets.
Richard Wilson, marketing director at New Star, said: "This research shows that the potential of emerging markets is well-recognised, yet investors remain underweight in these regions."
He suggested investors have been willing to sacrifice superior returns in the past by settling for more familiar markets such as the UK, as a result lacking balance in their portfolios.
This may be welcome news for any UK investors who are looking to make Caribbean off-plan property investments in destinations such as the Dominican Republic.
In an added boost to the Dominican Republic's tourism industry, Dominican Today reports the country's tourism minister Felix Jimenez is currently on a whirlwind tour of several major European cities for meetings with the media, hotel executives and marketing officials to promote tourism in the Caribbean country.
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