
Emerging markets, fewer buyouts
Asia is top of many investors'wish lists, yet it is interesting how many Western GPs and LPs refer to the region as an emerging market. To those of us living in Asia – and many others on the outside – the term seems hopelessly outdated.
So, to definitions. Emerging markets are generally described as economies undergoing rapid growth, usually driven by industrialization and urbanization. Between 30 and 40 nations fall into this category,...
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