The BRICs acronym was all marketing
Treating the BRIC nations as a single investment bloc “was a triumph of marketing over economic analysis,” said Kevin Gardiner, Rothschild WM’s global investment strategist.
Treating the BRIC nations as a single investment bloc “was a triumph of marketing over economic analysis,” said Kevin Gardiner, Rothschild WM’s global investment strategist.
Riding out the current volatility in emerging markets relies on having the resilience to retain a long-term outlook, while coping with short-term uncertainty, says John W Fleming, chief executive of Global Index International.
In this gallery, we round up the five best and worst performing funds of Q3 2015, revealing absolute return funds have done well while those targeting Brazil have suffered.
S&P’s surprise downgrade of Brazil’s credit rating on Wednesday has added another layer of complexity to the decision facing the members of the Federal Open Market Committee next week.
Dr Mark Mobius has tipped emerging markets to undergo strong growth in 2015 that will be “comfortably in excess” of that exhibited by developed markets.
GIC, Singapores sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.
JPM Brazil fund manager Sebastian Luparia will be handing the portfolio to Sophie Bosch de Hood as he takes on a new role in the emerging market equity team.
Global Index International, a Rio de Janeiro-based advisory firm which specialises in looking after expatriates employed in the mining and commodities industries, has named the former managing partner of KPMG’s Brazil operations Tim Young to a top advisory role.
"Express kidnapping", which typically involves people being abducted, robbed and then forced to withdraw money from a cash point or hand over their PIN details, is on the rise in South and Central America, according to red24, a London-based company which specialises in helping people and companies manage such abductions and similar crimes.
Global Index International, a Rio de Janeiro-based advisory firm which looks after expatriates in 62 countries, has recruited a Brazil native, Christiano Aguiar, to head up its sales operations.
Providence Investment Management has launched a closed-ended fund absolute return fund investing in emerging market bond issues.
BGB Weston has launched its Brazilian Social Property Fund to take advantage of a housing project backed by the Brazilian government to the tune of 65bn.