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This year through June, investors have pumped $1.3 billion into emerging-market funds, after taking out $110 million in 2001, reports fund-research firm Lipper. South Korea, Pakistan, Russia and Thailand are up more than 20% this year. Many emerging markets were solid winners last year too. Typical stocks in Russia and South Korea trade at just eight times next year's projected earnings. That's less than half the developed world's P/E ratio. A broad mix of emerging-market stocks--most easily available through mutual funds--is up 3% for the year, a downright gaudy figure next...

Author: /time Magazine | Title: The Bulls Are Abroad | 7/29/2002 | See Source »

CHINA RETURNS Investors in China funds don't expect miracles, such as accounting standards, overnight, but thorny politics is de rigueur. So don't get too excited that Lipper's China region funds gained 4.76% the week the U.S. spy-plane crew came home. Even if the events are related, there's no long-term link between the funds and upbeat news: fat headlines aren't always good financial advisers...

Author: /time Magazine | Title: In Brief: Apr. 30, 2001 | 4/30/2001 | See Source »

...percent of adjusted net asset value Source: Lipper...

Author: /time Magazine | Title: In Brief: Aug. 21, 2000 | 8/21/2000 | See Source »

...Source: Lipper...

Author: /time Magazine | Title: In Brief: Jul. 10, 2000 | 7/10/2000 | See Source »

...Atlas experienced an epiphany: "It seemed to me that there should be short biographies by great writers." A few days later, he mentioned this idea, over cocktails, to an editor at Viking (a division of Penguin Putnam, Inc.), and a project was born. Atlas secured financial backing from Kenneth Lipper, an investment banker and a former deputy mayor of New York City. Viking agreed to co-publish, as Lipper/Viking Books, and distribute 18 prospective titles under the generic rubric Penguin Lives...

Author: /time Magazine | Title: Books: In Small Packages | 6/5/2000 | See Source »

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