(1888PressRelease)
March 25, 2009 - The MSCI Emerging Markets Index has jumped 23 percent since reaching a four-year low on Oct. 27, outperforming the 2.5 percent drop in the MSCI World Index and 9.5 percent decline in the Standard & Poor’s 500 Index. Emerging markets made up the 10 best-performing benchmark gauges this year, led by the 26 percent gain for China’s Shanghai Composite Index.
“You have to be careful not to miss the opportunity,” said Douglas Morgan who helps oversee about $20 billion of emerging market assets as CEO of Hoffman Meyer Associates in Seattle. He went on further to say “With all the negative news, there is a tendency to hold back.”
The Hoffman Meyer Associates CEO went on to say “Emerging markets are in better shape than developed economies and the fund is looking for companies that are cash-rich, have low debt and higher dividend yields, or those that can invest for future growth yet have cash left to pay shareholders.”
Hoffman Meyer Associates is Seattle's leading merger and acquisition, business brokerage firm. As a mergers & acquisition firm, our principals have completed scores of transactions of privately and publicly held companies during the past 25 years.
Over the years, our firm has developed strong relationships with companies and individuals that are ancillary to the mergers & acquisition process including banks, mezzanine lenders, asset lenders, transaction attorneys, certified public accountants, and financial planners. We are also affiliate members of leading merger & acquisition, business valuation, accounting and brokerage associations.
###
