Konstantinov: Why BRICs are still the dominant force in EMs

BRICs

Allianz RCM's Michael Konstantinov discusses why investors will return to the building blocks of emerging markets, the BRICs, in 2011.

The BRIC countries - Brazil, Russia, India and China - have been the dominant force within emerging markets for years, both from an economic perspective as well as with regard to stock market performance. And we are convinced that for investors, whether BRICs are still the dominant force in emerging markets will be a key factor in choosing an investment strategy for the remainder of 2011 and beyond. In 2010 BRIC's smaller siblings in the wider emerging markets universe stole the show. Thailand saw 60% growth, Peru 58% and Chile 48% while the bigger BRIC countries in aggregate "only" retu...