As Sam Mahtani explains, these two emerging global forces are doing many things right but still have some way to go in terms of economic reforms
Emerging markets have seen two years of stellar returns where larger markets, such as India and China, have driven performance. We continue to be positive about the asset class for 2005, though we expect more modest returns this year. India and China, the world's two most populous countries, have been hitting the headlines for some time now as regions ripe for investment. They are riskier than their more developed counterparts, but they also offer greater potential returns. Emerging countries, as a whole, account for the majority of the world's population, land and natural resources, but ...
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