More on the BRICs:  A consensus forms. After pulling out funds for 8 of the last 10 weeks,...

|By:, SA News Editor

More on the BRICs:  A consensus forms. After pulling out funds for 8 of the last 10 weeks, asset managers have their lowest exposure to emerging markets since October, according to a BAML survey. The MSCI BRIC Index is off 25% Y/Y and the rupee, ruble, and real are the 3 worst-performing currencies in Q2, according to Bloomberg. (Emerging markets are gaining appeal)