The term BRICs came from Jim O’Neil at Goldman Sachs Asset Management. This was the termto explain the growth in certain nations, such as Brazil, Russia, India and China.

One only has to look at these simple facts to see why Emerging Markets are so important.The largest Ferris wheel in the world is in Singapore.The tallest building in the world is now in Dubai.The largest investment fund in the world is in Abu Dhabi (The Abu Dhabi Investment Authority). The largest oil refinery is in India.

One has to thinking about growing companies too, Embraer is one of the worlds largest aeroplane makers, it is Brazilian. Emerging Markets are the growth engine to the global economy.