Following BRICs and CIVETs, Joe Roseman identifies the next acronym to hit the investment world as silver, wine, art and gold (SWAG) punch well above their weight.
A few years ago, Jim O’Neill of Goldman Sachs almost revolutionised the way many people thought about emerging markets. He coined the term ‘BRICs’. It is successful because it works on so many levels....
In an environment where yields are so low, costs can make a huge difference to the outcome’
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