Borderless Investor

WSJ has a copy of a memo from M&A uber-lawyer Marty Lipton to clients on the outlook for 2008 M&A activity.
Lipton cites 6 reasons why M&A will continue despite the credit crunch:
• The desire of some countries to create “national champions” in basic industries, and of a
few countries, like Russia, to create “global champions.”
• […]

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Today’s “Ahead of the Tape” column in WSJ (sub req’d) noted the role of emerging markets as an engine for global economic growth. This time it’s emerging markets pulling the US along, rather than the other way around, as it has been in the past.
The column cites IMF forecasts call for about 2.5% economic […]

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Borderless investing - not just the concept, but the term itself - made a rare appearance in Sunday’s New York Times. Citing data on global funds, the piece notes a growing interest in borderless investing among institutions.
The notion of borderless investing appears to be taking hold among institutional investors. Through the first half of […]

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The annual Forbes International Investing Guide has an interesting profile of Rob Gensler, who manages the T. Rowe Price Global Stock Fund. Gensler doesn’t use the term “borderless” but he does note that the line between “domestic” and “international” investing is increasingly blurry.
A good number of global funds have a manager to handle the U.S. […]

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The New York Times has an interesting piece on outsourcing in its ‘World Business’ section. There’s not much news here for those who have been following either India or general outsourcing trends, but a few important nuggets that drive home where all this is headed:
–IBM’s US workforce fell by 31,000 since 1992 while its […]

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On a lighter note…I will be speaking at the Las Vegas Money Show on Borderless Investing, Emerging Markets and other international investing topics in May. If you’re in the area, I hope you can stop by. The Money Show folks always do a great job assembling a roster of interesting speakers and exhibitors. And admission […]

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Here’s my latest Borderless Investor column at Forbes.com. Emerging markets may be in for some choppy trading with the Iran standoff heating up. While that’s hardly an encouraging development, it’s not going to be the end of the world. Nor will it ruin the long-term fundamental picture for emerging market stocks. Don’t lose sight of […]

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Here’s a column I wrote for Forbes.com on why global banks are still worth a look.

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When markets blow up - and rise again from the ashes as they are doing now - it can often seem like international investing is a pointless exercise. Why bother diversifying if the world is increasingly correlated and moving in the same direction anyhow?
Well, there are plenty of great reasons to bother. Mainly it’s in […]

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A few good comments have come in on my previous post on Toyota. Perhaps I should clarify what I meant.
Toyota’s a fantastic company. If they want to create a sports car, I’m sure they can do it and I’m sure it will be a huge commercial success. If they want to make a spaceship […]

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