LONDON (Reuters)- Robust commodity prices make Latin American mining stocks top picks in emerging markets, while Asian technology exporters are best avoided, a fund manager at Principal Global Investors said.
Michael Reynal at PGI, which has assets under management of $5 billion (2.5 billion pounds), favours materials companies from Brazil, Peru and Chile because the commodity cycle remains "stronger for longer".
"You would have expected some slowdown at this point of the cycle and yet the super-cycle in commodity prices is just going on and on and on," Reynal told Reuters in a telephone interview.
