%0 Journal Article %A Sousa, Ricardo M. %A Vivian, Andrew %A Wohar, Mark %D 2016 %T Predicting asset returns in the BRICS: The role of macroeconomic and fundamental predictors %U https://repository.lboro.ac.uk/articles/journal_contribution/Predicting_asset_returns_in_the_BRICS_The_role_of_macroeconomic_and_fundamental_predictors/9504008 %2 https://repository.lboro.ac.uk/ndownloader/files/17130848 %K Return forecasting %K BRICS countries %K Macro variables %K Macro-financial variables %K US/global variables %K Emerging markets %K Business and Management not elsewhere classified %X © 2015 Elsevier Inc. We are among the first to provide evidence for the BRICS countries on the predictability of stock returns using macroeconomic, macro-financial and US/global variables and find that there is predictability for all the countries. We consider both in-sample and out-of-sample tests. The gains in predictability are primarily available one quarter ahead, but in some cases, two and four quarters ahead. %I Loughborough University