Emerging markets have been having a rough ride recently. While advanced economies have picked up speed, emerging markets have been slowing down, posing challenges for international investors and businesses.
In our recent ESCAPE index* report Malaysia performed well, ranking 14th out of our sample of 42 countries. We caught up with Patrick Tay, Economics Advisory, PwC Malaysia
Some banks in China see their greatest competitors not as traditional financial institutions, but modern Internet-based firms such as Tencent and Alibaba. Once deregulation occurs, these firms will race to control the market, resulting in an irreversible
The report, titled "Long-Run Investment Ambitions and Short-Run Investment Processes," finds long-term asset management challenges and increasing risk management in real estate investments.
After Jim O’Neill of Goldman Sachs coined the acronym “BRIC” to refer to top emerging markets Brazil, Russia, India and China, he has now popularized “MINT” – Mexico, Indonesia, Nigeria and Turkey as a second category.
The rich-poor gap is widening at a slower pace, but wealth is still concentrated in a small number, survey center director Gan Li was quoted as saying.
Global assets under management (AuM) will rise to around $101.7 trillion by 2020, from a 2012 total of $63.9 trillion, says a PwC report released today. This represents a compound annual growth rate (CAGR) of nearly 6%.
The investment bank said that while it's important to remember that some countries in the region suffer the worst cases of poverty, the rise of Asian wealth which powers luxury sales, for example, has been stupendous.