Is Goldman Sachs' latest investment concept just another fad?

GROWTH MARKETS

clock

Maria Merricks assesses industry reaction to Jim O'Neill's most recent investment neologism.

Pioneers of the BRIC and Next 11 groupings, Goldman Sachs Asset Management is partial to an investment concept. Its latest – a hybrid of eight economies from its existing groupings – has received mixed reviews from industry commentators. Goldmans claims Brazil, Russia, India, China, Mexico, Korea, Turkey and Indonesia have already evolved to such an extent it is “insulting” to continue referring to them as emerging markets. Instead, it has reclassified them as “growth markets”, the idea being they are now among the world’s most important economies in terms of global growth. A growth m...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

All the latest from the world of ESG investing

ESG Blog: UN secretary urged governments to impose windfall tax on 'immoral' energy companies

Round-up of ESG coverage

Investment Week
clock 04 August 2022 • 1 min read
The extraordinary general meeting (EGM) will take place on Friday 5 August.

Trian 1 story continues as shareholders call for support ahead of extraordinary general meeting

'Not fit for purpose'

clock 26 July 2022 • 4 min read
Lorenzo Brunelli, ESG product strategist at PIMCO

Partner insight: Looking beyond the labels

Investors should look beyond ESG-labelled debt and at opportunities like unlabelled green bonds and climate leader bonds

PIMCO
clock 19 July 2022 • 1 min read
Trustpilot