Goldman Sachs analyst Timothy Moe has released a research paper in which he argues that emerging nations will represent 55 percent of total equity capitalization by 2030, and China will become the world’s largest stock market.
Ã¢â‚¬Å“The primary drivers are rapid economic growth and the maturing of equity markets that are at earlier stages of development,Ã¢â‚¬Â Moe wrote in the report today. Ã¢â‚¬Å“Developed-market institutional asset management pools will need to increase their holdings of emerging-market equities.Ã¢â‚¬Â
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