October 30, 2006
From the article:
Still, South Africa's relative stability and prosperity, measured against the rest of the African continent, has made it a magnet for portfolio investment from abroad. All 94 U.S.-based emerging markets mutual funds have stakes in South African companies, according to Todd Moss, senior fellow at the Center for Global Development in Washington, D.C. "If you're in emerging markets, you have to be in South Africa," Moss said.