Fidelity International believes it has identified the next cluster of countries that could prove themselves every bit the profit fillip for investment portfolios as that provided by the BRIC economies over the last decade.
Coined the MINTs, Fidelity International is pondering the possibilities of the emerging markets of Mexico, Indonesia, Nigeria and Turkey all delivering the next big investment opportunity. Whilst outright replacements for the BRICs are impossible to find, warns Fidelity, there are a number of genuine emerging market opportunities a layer down from the BRICs that are not as well appreciated but have similar long-term investment potential. Indonesia is the most similar market to the BRICs, owing to its very large population of 245 million (bigger than Brazil or Russia). Teera Chanpon...
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