BRICs Abandoned by Locals With Fund Outflows Highest Since 1996

BRICs Abandoned by Locals With Fund Outflows Highest Since 1996

Brent Lewin/Bloomberg

The Calcutta Stock Exchange building stands in Kolkata. The four-country MSCI gauge has declined about 0.5 percent in 2013, compared with a 10 percent gain for the Dow Average and a 6 percent increase in the MSCI All-Country World Index.