Investors pull out of BRIC funds due to collective underperformance by bourses

Investors pull out of BRIC funds due to collective underperformance by bourses

Photo by Stuart Miles. Image ID: 100121006 Freedigitalphotos.net

Specialist funds dedicated to the once-vaunted BRIC quartet of emerging markets face a bleak future, as many investors have pulled out due to years of collective underperformance by the bourses of Brazil, Russia, India and China.

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