In particular, I see value in select international markets, particularly Japan and emerging Asia; international and global dividend funds; large and mega caps, and certain cyclical sectors. You can read more where to potentially find relative value in my latest monthly Investment Directions market outlook commentary.
What questions do you have about relative value? Where do you see relative value today? Share your thoughts below.
Sources: Bloomberg, BlackRock Research
Russ Koesterich, CFA, is the Chief Investment Strategist for BlackRock and iShares Chief Global Investment Strategist. He is a regular contributor to The Blog and you can find more of his posts here.
International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries.