Via The Financial Times, an update on the continued development of the Mongolian Stock Exchange: “…Mongolian yak butter futures, anyone? This week the London Stock Exchange said it had agreed a “strategic partnership” with the Mongolian Stock Exchange. The what? Does the LSE really share any strategic interests with a tiny stock exchange on the […]
Read more »Via The Financial Times, an interesting look at China’s relationships with “black sheep” nations: “…As the 2008 Olympics approached, China underwent a crash course in the politics of overseas investments when human rights groups accused Beijing of holding a “Genocide Games” on the grounds that its oil investments in Sudan were sustaining a scorched earth […]
Read more »Courtesy of Knowledge at Wharton, a report on the so-called “CIVETS” countries — Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa — which are now touted as hot markets. As the article notes: “…Building on the foundation of the well-known BRIC countries — Brazil, Russia, India and China — a new set of up-and-coming emerging […]
Read more »Via Index Universe, news that Dow Jones Indexes, one of the leading global index providers, is planning a new country classification system that will include frontier markets as a separate category for the first time. As the article notes: “…The new system will begin to take effect in March 2011. Seventeen of the 35 countries […]
Read more »Via Nick Vardy, an interesting look at Pakistan as an investment destination. “…Much like BRIC rival Russia, Pakistan has an image as global troublemaker. The country veers regularly between weak civilian and military governments, none of them particularly confidence-inspiring. It has threatened to use its nuclear arsenal against India and, until recently, was selling these […]
Read more »Courtesy of The Financial Times, an article on how Jim O’Neill, who coined the term “Bric”, is about to redefine further emerging markets and will explain the new approach to clients this month. As the article notes: “…The chairman of Goldman Sachs Asset Management plans to add Mexico, South Korea, Turkey and Indonesia into a […]
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