Insiders forecast tough times for equities in BRIC nations

11/4/2008 | Bloomberg

Emerging-market stocks may have experienced a 20% bump last week, but some of the largest money managers in the world said equities in Brazil, Russia, India and China will face tough times. Investors have quickly withdrawn from emerging-market funds as the global crisis takes its toll on Hungary and Pakistan, with others appearing on the verge of collapse.

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