How do American pension funds see investment in Emerging Markets? Pros and cons in this article show that there is a lot to learn about Brazil. Each of BRIC countries have a completely different ethos; culturally and risk wise.

“Emerging markets, typically led by China, India, Russia and Brazil, have tantalized investors in recent years with promise of large returns, as the countries’ economies develop and outpace growth in the rest of the world. But investments in emerging markets come with risk, as these countries confront political and structural obstacles to their continued growth.”

Pension fund weighs heavier in emerging markets – Dedham, Massachusetts – The Daily News Transcript.