CFA Institute Blogs
Conventional wisdom holds that if a global stock investor is able to identify which countries’ economies will grow briskly and which will lag, he has conquered half of the investment battle. Economic growth should translate into higher corporate earnings per … Read more
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Since the early 2000s, policymakers in emerging markets have been concerned about “waves” of international capital flows into their countries. As Kristin Forbes, a professor at MIT’s Sloan School of Management, pointed out at the Investing in Emerging Markets 2012 conference, “Volatility of capital flows is here to stay, and there are no magic bullets.” Read more
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Because many emerging markets are either commodity producers or exporters, it seemed likely to me that emerging markets would be beholden to the health of the developed (importing) world — which of course has massive excess debt. While this is certainly true for some markets, I was pleasantly surprised to learn that the scope of opportunity in emerging markets is much larger than I had expected. Read more
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Jim O’Neill, chairman of Goldman Sachs Asset Management and former chief economist of the investment bank, was this year’s keynote speaker at the UC RUSAL President’s Forum at the Hong Kong University of Science & Technology. He coined the term … Read more
Leave a CommentNader Mousavizadeh on the rise of the BRICs, the risks of America’s “empire mindset,” and the dated power structures of the mid-20th century. Read more
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