Best investments in emerging markets: MINT is the next BRIC
Best investments in emerging markets: MINT is the next BRIC
A catchy new acronym is gaining traction and points to the next big opportunity in emerging markets. Four emerging markets - Mexico, Indonesia, Nigeria, and Turkey - make up the MINT economies. Like BRIC before them, these four are expected to outpace the developed world over coming years.
Like BRIC, MINT is the creation of former Goldman Sachs Asset Management Chairman Jim O'Neill. Originally, MINT was MIST; O'Neill dropped South Korea in favour of Nigeria in October 2013. This briefing introduces the new acronym.