Alphabet soup - Acronym investment

    Alphabet soup - Acronym investment

    Fifteen years ago when then Goldman Sachs Asset Management head Jim O’Neill coined the term ‘Bric,’ little did he know that he was starting a trend and redefining the emerging markets world. What followed was a barrage of similar acronyms created by market analysts to group various emerging countries together. Investors looking for higher yields could venture into ‘acronym investing’.

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