Market Outlook - Emerging Markets
Download della versione in PDF
Investor perceptions of emerging markets have been transformed over the past two decades. The term was first coined in the 1980s by the then World Bank economist, Antoine van Agtmael. At the time, emerging market countries were seen as politically unstable places suitable only for high-risk investors and institutions sufficiently wealthy to sustain serious losses, not private investors. Today, the height of investment fashion is for retail fund investors to buy into the emerging market giants of Brazil, Russia, India and China – the BRIC countries – to benefit from their super-charged economic growth, burgeoning populations and healthy foreign exchange reserves.
