Special Report: Hit the BRICs for a Global-Investing Double Play
Aug 5th, 2008 | By Martin Hutchinson | Category: Emerging MarketsGlobal investors need to “hit the BRICs” – literally. Back in 2003, the Goldman Sachs Group Inc. (GS), eager to push its clients towards global investing – especially in the emerging markets – invented the acronym “BRIC” (Brazil, Russia, India and China) to represent the four emerging markets it believed were destined to become dominant economies in the years to come.