Devan is the Global Head of Equities, Public Markets, and Emerging Markets at abrdn who is a global investment company that helps clients and customers plan, save and invest for the future.
Devan Kaloo had a stark message for clients he visited in Spain last week: put your money into stock markets anywhere, “just not the US.”
If you believe as I do that the US economy is going to slow down and the dollar’s going to be weaker, you need to start thinking about investing in other places. I really don’t mind whether it’s emerging markets or Europe or Japan. There is a relatively compelling story to talk about in all of these areas.