BRIC

(Bloomberg) — When Jim O’Neill devised the BRIC acronym at the turn of the century, the former Goldman Sachs Group Inc. chief economist did not intend the catchy phrase to be exploited for marketing investment funds. Money managers scrambled to start funds anyway. The likes of Schroders Plc and Franklin Templeton — along with Goldman […]

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BRIC

BRIC

Emerging Markets

As BRIC Fund Assets Collapse, Jim O’Neill Is Keeping Away