Should investors venture back into emerging markets? (Part II)

Some managers still remain committed to asset class

In the second of our special two-part Big Question, Investment Week asks if investors should be re-allocating to emerging markets.

Click here to read Part I Knut Gezelius, lead portfolio manager, SKAGEN Global fund India Investors often group emerging markets as a single entity. We think this view is too simplistic because EM investing is rarely black or white. While the recent sell-off has opened up some interesting opportunities, investors must remain highly selective as we still see considerable downside in many EM names on a two- to three-year view. In today's environment, we strongly favour companies practicing prudent capital allocation while trading at attractive valuations. CK Hutchison, a top-ten pos...