With uncertainty in Europe spooking investors away from any asset perceived as risky, many Americans have become wary of overseas equities. While the fear is understandable, it may be keeping us away from some of the world's most promising economies. I believe economic fundamentals are still the ultimate driver of investment performance, but it's easy to come to the opposite conclusion given the extreme global asset correlation we are now seeing. And economic fundamentals vary greatly in different corners of the world.
Exactly how overseas companies can manage both the turbulent economic waters and the increasing anxieties of investors will be among the likely themes at Euro Pacific Capital's Global Investment Conference, which will occur on Thursday May 31 at New York's Sofitel Hotel. The event will be bring together more than 90 executives from 56 leading international transportation, energy and mining companies who will make their cases directly to retail and institutional investors. In my early morning keynote to all conference attendees I will attempt to remind the attending executives that the macroeconomic tides are in their favor. Over the last generation, the vast majority of the world's economic growth has occurred beyond America's borders. I believe the emerging markets will continue to emerge and those who operate successfully there will have a leg up on the competitions.
The event is open to the public, for more information go to EPC Global Investment Conference 2012. Presenting companies include such notables as Petrobras (PBR) --South America's largest energy company, Deutsche Post (DPW), Agnico Eagle Mines (AEM), Aurizon Mines* (AZK), Harry Winston Diamond (HWD), Canadian Oil Sands (COS), and A.P. Moller Maersk - Damco [MAERSKB] --the world's largest container shipping company. They will be joined by a number of small-cap companies who may be unfamiliar to American investors, but whose stories may provide key insight to economies unfolding half a world away. Presentations will last 30 minutes. In addition, the event will feature panel discussions on the future of non-traditional energy and how the 2012 JOBS act will alter the regulatory landscape for public companies that seek listing on U.S. exchanges.
Admission to the 7:30am to 5:30pm event in midtown Manhattan includes two buffet meals, a two hour post event cocktail party, and a gift bag that includes my brand new book The Real Crash: America's Coming Bankruptcy and How to Save Yourself and Your Country. Admission is free for employees from qualified institutional investment firms.