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COMMENTARY

BRICs are dead, long live Emerging Markets!

Wednesday, September 30, 2015 - 05:50

INVESTORS may be forgiven for feeling cheated about the promises of Emerging Markets (EMs) as the 21st-century economic powerhouses. When Goldman Sachs famously heralded a new period of "Building the World with BRICs" back in 2003, Brazil, Russia, India and China (to whom South Africa later