Emerging market money transfers may offer 'best investments'

Investors looking for lucrative gains may like to transfer money to overseas equities, according to industry experts.

Research by finance expert Skandia recently highlighted emerging markets as a popular option for buying shares, ifaonline.co.uk reports.

The survey asked 400 financial advisors their opinion on the most profitable investments, with 82 per cent of them stating overseas companies provided the best short-term returns.

Some 41 per cent agreed that emerging markets are potentially the most lucrative, while the Asian Pacific and North American regions were also highlighted as regions that may offer good returns.

Commenting on the research, Graham Bentley, head of investment marketing at the firm, warned Brits to be cautious when transferring money to buy shares in emerging markets.

He told the publication: "Emerging markets and the other equity sectors that are expected to deliver the best investment returns, according to advisers, also carry the highest level of risk."

In other news, finance expert Hargreaves Lansdon recently encouraged Brits to consider investing in open-market option pensions, which enable payees to change their retirement scheme provider if they wish, the Telegraph reports.

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By Linsey Summers