Should Brics form a core allocation in portfolios?
21 April, 2010
In 2001, Goldman Sachs Investment Research coined the concept of Bric (Brazil, Russia, India, China), identifying some of the world’s fastest growing economies. It was forecasted that the Bric economies could collectively rival the G7, in terms of share of global growth, by 2050. They now believe the speed of development is such they could rival the G7 by 2032