Continue reading...With slow economic growth persisting in many developed nations, investors have taken a liking to emerging market economies. Featuring the right combination of fast-growing populations, fiscal responsibility and burgeoning middle classes, these nations have become portfolio necessities.
Much of investors’ fascination with emerging markets is pointed towards the BRIC. Rightfully so, as Brazil, Russia, India and China have all seen tremendous growth in their economies due to having the right combination of resources. Collectively, it is estimated that these countries account for more than 40% of the world’s population and hold more than one-third of the total foreign exchange reserves and gold. However, there are more fish in the sea.
Potential All Across the World Overall, the growth stories in the BRIC have been well-documented. From rising consumerism in China to Russia’s energy dominance, these nations fill headlines as well as portfolios. There are plenty of both...
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