Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


NZ investors directed to high growth countries

News release

NZ investors directed to high growth countries – Indonesia rated No. 1

22 November 2012

New Zealand investors should consider focusing on “high growth” countries such as Indonesia, Myanmar and Malaysia rather than concentrating on markets such as India and China, according to Grant Thornton's 2012 Global Private Equity Report.

The report, based on 143 in-depth interviews held with senior private equity practitioners around the globe, outlines a backdrop of deteriorating sentiment around the global economy.

Russell Moore, Transaction Advisory Services Partner, for Grant Thornton New Zealand Ltd, said that the report highlighted a realisation that the speed of growth in booming markets such as India and China has slowed noticeably and they were not immune from the impacts of the global downturn.

“While the sentiment is negative, it is not necessarily all gloom and doom. Western Europe is expected to remain subdued with only 27% of respondents predicting an increase in investment activity over the next 12 months. This contrasts with North America, where 59% of respondents predict an increase and the Middle East and North Africa where 60% expect an increase,” he said.

Growing economic powerhouse Indonesia, with a population approaching 250 million, is rated No. 1 amongst the high growth markets for private equity investment in the survey.

“New Zealand investors should look closely at the survey’s top 10 ranked countries - Indonesia, Peru, Colombia, Turkey, Myanmar, Egypt, Saudi Arabia, Mexico, Ghana and Malaysia.

“You only need to look at the visit this week of Prime Minister John Key and President Obama to Myanmar to understand why it might be on this list. Located at the eastern edge of India, south of China and west of Thailand and rich in minerals, it is slowly emerging from 50 years of military rule. New Zealand already has a presence in this country with Fonterra and Beca leading the way.

“Turkey, Egypt, Saudi Arabia, Mexico and Malaysia are all countries that are well understood by New Zealand investors and while a move to such unknown territories may be a risk too far for many, there are private equity funds that are active in these regions.

“For investors looking at these regions, they should look for private equity firms with a successful track record, a coherent strategy and a quality team that can deliver that strategy,” he said.

- ends –

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:


NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news