Cash Flow Is King for the Best Emerging-Market Stock Pickers bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Unlike the previous periods of emerging markets euphoria, a return to prosperity is unlikely to be shortened into a simple acronym as it was during the period of the BRICs (Brazil, Russia, India, and China), as lines begin to blur between developed nations and EMs.
While emerging markets have been hit hard recently, with foreign investors dumping EM stocks and bonds for five consecutive months, India is telling a different story.