Emerging markets are setting the pace of growth in the global economy, with much of their growth driven by increasing exports and rapidly rising domestic consumption. Many countries are undergoing profound transformations as whole sections of society begin to enjoy a continually increasing standard of living.
According to the World Bank, middle-class consumers in China and India account for US$1.25 trillion in annual spending. In fact, the combined middle classes of the four major emerging countries known as the BRIC countries – Brazil, Russia, India and China – is forecast to hit 1 billion people by 20151. This growth is driving domestic consumption and creating exciting opportunities for global investors.
Emerging markets may be suitable for investors who:
Talk to your Investment Professional today about taking advantage of global and emerging market opportunities.