Pran Tiku, founder and principal of Peak Financial Management Inc., whose firm has approximately $250 million in total assets under management and 200 clients with assets that range from about $1 million to $55 million, believes that emerging markets of Brazil, Russia, India, China, Mexico and South Korea, known as BRIC countries will grow out of the current recession, much more so than developed markets.
Tiku has a strong view that investing in these countries is currently a very good option. He highlights numbers for the last several months that show emerging markets are flying up: China’s 48 percent up, India’s 87 percent, Russia has increased 108 percent and Brazil 60 percent. Read more…
Categories: Featured, IT and Technology, Marketing and Consulting, Retail and Services Tags: assets, brazil, China, emerging nations, India, internet marketing, Investments, marketing, Russia
The « Foreign Exchange » market, commonly abbreviated to « Forex », represents the global currency market which boasts a daily trading volume of over USD 4 trillion*. Forex trading enables investors to speculate on, and thereby benefit from, fluctuations in the value of any one currency against another.
*Source : The Economic Times
What is the implication for Swiss Forex Brokers ?
By March 2009, all Swiss Forex Brokers like GFX Group SA (www.forex.ch) will be required to submit their application to the Swiss Federal Banking Commission in view of obtaining a Banking License. Without obtaining this banking license, Swiss forex brokers will no longer be authorized to function as such in Switzerland.
The laws and regulations which are being implemented will serve to increase the protection of investors and clients in this sector, to further contribute to the good-standing and reputation of the Swiss financial industry. Read more…
Pran Tiku, founder and principal of Peak Financial Management Inc., whose firm has approximately $250 million in total assets under management and 200 clients with assets that range from about $1 million to $55 million, believes that emerging markets of Brazil, Russia, India, China, Mexico and South Korea, known as BRIC countries will grow out of the current recession, much more so than developed markets.
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