Excel Funds bullish on emerging markets
TORONTO, April 9, 2012 /CNW/ - Forecast to account for over 75% of global GDP in 2012, emerging markets are driving global economic growth. Factors such as falling inflation and policy easing are supporting healthy growth rates, suggesting continued positive performance. With more than 50 portfolio managers and analysts stationed worldwide, Excel Funds has access to firsthand knowledge of regional markets and is very bullish on the emerging markets outlook.
"We expect further monetary policy easing in many countries such as the BRICs, Poland and Chile," said Bhim D. Asdhir, President and CEO of Excel Funds Management Inc. "Inflation in emerging markets should bottom out in the second quarter, which is positive for continued outperformance by emerging market equities."
"In 2012, emerging markets continue to be supported by attractive valuations and an upturn in earnings momentum, along with ample global liquidity," added Paul Mesburis, senior portfolio manager at Excel Funds. "Given the supportive macroeconomic factors in emerging markets, the GDP growth levels and valuations are very favourable relative to those in developed markets."
Excel Funds' proprietary quantitative models capitalize on market inefficiencies and trading opportunities using top-down/bottom-up fundamental research to select globally competitive equities. Its tactical asset allocation focuses on investing in well-diversified, strategic companies. Industry recognition has followed this approach by awarding its Excel Emerging Markets Funds with a 2012 Lipper Fund Award.
About Excel Funds
Excel Funds Management Inc. is a multiple Lipper Award winning company, and Canada's only emerging markets focused mutual fund provider. For over 12 years, we have been partnering exclusively with best in class, on-the-ground portfolio managers that bring Canadian investors firsthand insight and expertise in these flourishing economies. Through our funds, investors gain early exposure to companies positioned to become future leaders in some of the world's fastest growing markets. Excel Funds maintains a highly ranked fund family that is focused on emerging market growth opportunities.
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