However, this traditional thinking no longer fairly represents today’s emerging markets, highlighting the need for a more granular approach to investing.
The external environment affecting emerging markets (EM) has materially changed in recent years, with slowing global growth and tightening financial conditions creating a more challenging backdrop.
For some, this only confirms the perception of EM as a purely short‑term, tactical allocation — offering potentially high returns but at the cost of heightened risk and volatility.
