Five BRIC predictions for the next 12 months

Faced with continued uncertainty on both sides of the Atlantic, including the US fiscal cliff on one side, and eurozone fears on the other, investors are showing a renewed appetite for emerging markets. According to EPFR Global, the industry standard for global and emerging market fund data, inflows into emerging market funds reached 10-week highs last week. This sentiment is in line with RiskMonitor, a survey of European investors Allianz Global Investors recently conducted, which showed emerging market equities are more popular with investors than developed market equities, despite ...