The hottest investments in the world right now are initial public offerings in emerging markets. In fact, IPOs in emerging economies are returning 15 times what IPOs in developing markets are making.
While the economy in the U.S. and Europe are slowing starting to recover, many developing economies continue to grow strongly. This has spurred more companies to take the plunge and go public. By contrast, there are no U.S.-based IPOs scheduled to happen before December 9th.
Chinese-based companies currently dominate my Global Growth Buy List, but some other countries are starting to make their presence known. There are now six Brazilian companies on our Global Growth Buy List.