Are the BRIC countries losing their luster?

Despite serious challenges, there are still foundations for growth

With the expected end of quantitative easing by the US Federal Reserve, global investors are pondering the same billion dollar question: What should they do with investment opportunities in emerging markets?

On one hand, emerging markets, which are best represented by the BRIC countries (Brazil, Russia, India and China), have been the driving force of global economic growth in the past decade, even after the 2007-2008 global financial crisis.