After the BRICs, it's time to focus on the VARPs
By: Tim Love
Emerging market equities were mostly wrong-footed by the US presidential election result. If President-elect Donald Trump follows through on his pledge to scrap certain trade and regulatory agreements, free trade and emerging markets could suffer.
In this highly uncertain environment, it's key to focus on the emerging economies' domestic drivers which will shape this so-called new world order.
Since the BRICs acronym was coined over a decade ago, it has gripped investors and news headlines alike. But with the traditionally perceived growth engines of Russia and Brazil in the midst of various phases of recession, as well as fundamental policy overhaul taking place in China, investors need to find pockets of opportunity in other frontier markets: Time to introduce VARP.
External Link: CLICK HERE FOR FULL ARTICLE.