Head of Research at Fusion Wealth Management Ltd

Michael McGaughy

Thematic (Sector/Industry)

Brazil Energy / Thematic (Sector/Industry)

<p>In my research and investing I stress three things: people, structure, and value.  I look for companies that are controlled and managed by quality people, have corporate structures that align minority and majority shareholder interests and trade at valuations that are below fair value if not outright cheap.  This post is about anti-corruption campaigns underway in many developing countries and the counter-intuitive evidence that corrupt countries may have higher returns.  Ultimately, it’s about…</p>

In my research and investing I stress three things: people, structure, and value.  I look for companies that are controlled and managed by quality people, have corporate structures that align minority and majority shareholder interests and trade at valuations that are below fair value if not outright cheap.  This post is about anti-corruption campaigns underway in many developing countries and the counter-intuitive evidence that corrupt countries may have higher returns.  Ultimately, it’s about…

Another Reason to Look at Developing Countries - Decreasing Corruption