"I want money... lots and lots of money ... ." So goes the catchy old Cab Calloway tune "I Wanna Be Rich." And truth be told, who doesn't want to be rich?
Of course, to actually be "rich" means vastly different things to different people. But in the case of George Evans and the 4-star rated Oppenheimer International Growth Fund (OIGAX), the definition of rich is very low by Western standards.
"One of the first things people do when they get a little bit more money in their pocket is to buy better alcohol," he says. It's all part of his "mass affluence" theme that he says is based on a huge amount people, particularly in emerging markets, gaining spending power and essentially becoming "middle class." It's also why he likes global spirits players like Diageo (DEO) and France's Pernod Ricard (RI.PA).Read More »from Worried About the U.S. Market? Top Fund Manager Picks Some Overseas Stocks