Confidence is beginning to improve

August saw more stable performance in emerging markets, ending a period of weak absolute returns. Emerging markets are highly responsive to the economic fortunes of the US. Weaker stock markets have, in part, been the result of investors' reaction to evidence recovery was emerging more slowly than had been anticipated. While this is indeed the case, the recent positive performance suggests investor confidence is beginning to improve. While emerging markets as a whole rose in August, individual market performance was varied. Asia was the weakest region, with poor performance from Taiwa...