Should investors fear EMD risks?

Risk scenarios vary from country to country

The recent turmoil in Brazil may cause some investors to fear a repeat of the 2013 'taper tantrum' in emerging debt markets.

While we deem such fears premature, we view recent events as an example of risks facing the asset class. Over the past three years, many emerging market current account deficits have improved, partly due to correction in foreign exchange rates and we believe significant progress has been made in countries such as Brazil and Russia.  The International Monetary Fund recently raised GDP growth forecasts for the emerging world. Loose monetary policy - facilitated by slowing inflation - is a key supporting factor for the positive growth outlook.  RWC: Five stocks to play artificial inte...