Currency ETFs: A Better Way To Play The BRIC?

When the global economy transitioned into “recovery mode” following the latest recession, the emerging markets of the world jumped into the lead and quickly left their developed counterparts in the dust. Although advanced economies have resumed expansion, growth rates in the U.S. and Western Europe lag far behind the impressive figures being put up by China, Brazil, and countless other emerging economies. Some investors have always embraced emerging markets as an opportunity to access high growth areas of the economy, but in recent years interest has surged to new highs. With significant hurdles to growth in advanced economies–including sky high unemployment and mounting debt– many investors are rethinking the traditional wisdom that has called for them to allocate huge chunks of portfolios to domestic securities. The “home country bias” isn’t dead, but it’s taken some body blows [see this Q&A With Richard Kang for more on this topic]. Most emerging markets [...] Click here to read the original article on ETFdb.com. Related Stories: Which Chinese Yuan ETF Is Best To Play Currency Revision? WisdomTree Launches Emerging Currency ETF China Calls For New Reserve System: Currency ETFs In Focus