Rapid growth of BRIC markets waning, fund managers say
They suggest that investors should start focusing on countries that are net importers of oil and other commodities
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
INVESTING in rapidly developing economies is an inherently risky proposition. That is why more than a decade ago, investors embraced what seemed a prudent approach: focusing on the BRIC countries - Brazil, Russia, India and China - which have the largest and most liquid stock markets in the emerging-market world.
Late last year, though, the BRIC strategy hit a wall as a worrisome series of developments unfolded.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
