"Stuck in history," is how Jim O'Neill describes typical equity benchmarks that continue to...

|By:, SA News Editor

"Stuck in history," is how Jim O'Neill describes typical equity benchmarks that continue to place most of their weight on the growth-challenged G7. "The neutral position for the BRIC countries ... needs to be raised significantly," says the man who coined the acronym. His favorite BRIC: Russia, which replaces Brazil.