Goldman Sachs benches its BRIC strategy
Breakfast with Benjamin: Brazil, Russia, India and China assets are down 88% since their 2010 peak.
- Goldman’s BRIC strategy hits the bricks as the once-popular acronym for Brazil, Russia, India and China loses 21% in five years. The assets are down 88% since the 2010 peak
- Don’t make the mistake of ignoring the significance of a strong dollar as we head ever closer to the Fed’s first interest rate hike in nearly 10 years. U.S. companies are painfully aware of the impact of a strong buck
- Credit Suisse bonuses are set to take a whopper of a hit this year. The culprit is a big write down
- Hedge funds strutted their stuff in October. Just when it looked like 2015 would be a wash for the asset class
Learn more about reprints and licensing for this article.