With a whiff of global recovery in the air and central bank liquidity abundant, investors in 2013 are packing their bags for China, fellow ‘BRICs‘ Brazil and Russia, long-dormant Japan and even some Mediterranean sun.
Of course, seeking consensus on the top country destinations for the year ahead is hardly an exact science.
Often the simplest game is to avoid what did best the previous year, look at the subdued valuations of laggards and bet on a catch-up depending on the economic cycle. Rank underlying economic growth rates, factor in policy shifts and you’re away.