Investors urged to look to Asia

Money transfers regarding investments could see a healthy return in Asian countries, according to a leading financial advisor.

Speaking to the Scotsman, Ken Taylor, director of Mackenzie Taylor Wealth Management, recently suggested that money markets in China were performing well compared with those in the US.

Mr Taylor urged investors to consider the country as a possibility when making international money transfers over a steady period.

Latin America was also revealed to offer a financial climate that could prove lucrative in regard to investments.

Mr Taylor told the paper: "Upward movements in these markets also outperform the US market on a daily basis.

"Evidence is emerging that China is responding positively to stimulus and the potential upside is well understood."

Elsewhere, the Juan les Pins tourist board recently suggested that south-east France was an ideal location for money transfers relating to property.

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By Linsey Summers