BRICs back in favour with emerging-market investors
Money managers are pushing monthly inflows and stock prices to nearly two-year highs
Tue, Jun 20, 2017 - 5:50 AM
India is expected to reclaim its crown from China as the world's fastest-growing large economy over the next three years, according to the median estimates of 37 economists surveyed by Bloomberg.
RESURGENT growth is reviving one of the past decade's hottest trades.
Emerging-market investors are again piling into the so-called BRIC nations - Brazil, Russia, India and China - pushing monthly inflows and stock prices to nearly two-year highs. The bet is that a pick-...