What to make of emerging markets M&A in 2011? Overall deal values were 13.6 per cent down on 2010, EMs’ global share retreated, and the number of deals fell 7.8 per cent. So a bad year overall – or was it? It depends how you look at it – and which country you are interested in.
As promised on Thursday, here are the results of the first-ever beyondbrics annual quiz. Thanks to all who took part.
As chosen by you, the beyondbrics readers. We can’t disagree with what you clicked on – there are some of the key themes to 2011 in the list, as well as some of the more off-beat stories. See you in 2012.
It has been a torrid year for emerging markets and there have been very, very few success stories. Amid fears of a global recession and huge volatility across markets, investors have fled even remotely risky assets. That has spelt disaster for EMs.
The MSCI emerging market index has fallen 21.5 per cent since January and there have been very few economies which have escaped that trend.
As 2011 draws to a close, beyondbrics is running its first ever annual quiz. There are 10 questions. We will publish the results on Monday, but one of any correct set of answers left in the comments below will receive a prize. Something lying around the FT office, probably. Good luck.
As part of our elaborate year-end festivities, we are kicking off with the inaugural “Guest Post of the Year Award” as decided by you, our readers.
The top ten can be found after the break: