FYI: Goldman Sachs' recent decision to merge its BRIC fund into a broader emerging-markets fund does not signal that the idea of grouping the economies of Brazil, Russia India and China has outlived its usefulness. Rather, the move is a timely reminder that analytically sound concepts need not always translate into durable investment approaches -- and for good reasons.
Happy Thanksgiving,
Ted
http://www.thinkadvisor.com/2015/11/25/dont-rule-out-the-brics?t=alternative-investments
