Goldman Sachs thinks 'Bric countries – Brazil, Russia, India and China – may see their share of global market capitalisation rise to 41 per cent, a number which highlights their dominant role in the rise of the emerging world, at least in financial terms.China alone could see its stock market’s share of global equity valuations to increase from 1 per cent 10 years ago and 11 per cent today to 28 per cent in the next two decades.By 2030, the top three stock markets in order could be China, the US, India, with Japan and Brazil sharing fourth place. Russia could be sixth, ahead of the UK, France and Germany.Goldman said developed-country investment funds, which now hold about 6 per cent of their assets in emerging market equities, could increase the allocation to 10 per cent by 2020 and 18 per cent by 2030. With their total assets growing, this could translate into $4,000bn in emerging market equity purchases over 20 years.'http://www.ft.com/cms/s/0/ca09873c-bb6c-11df-a136-00144feab4...============================GG Home Fool
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