Get picky on emerging markets: Goldman Sachs

Get picky on emerging markets: Goldman Sachs, Global investors need to rethink their exposure to emerging markets, according to Sheila Patel, CEO of Goldman Sachs Asset Management International, who sees increasing divergence between the developing nations and their potential for economic success.

Speaking to CNBC at the Global Financial Markets Forum in Abu Dhabi, she said the investment bank was concentrating their portfolio on the behemoths of India and China, paying particular attention to the former...Read More