Hungary enjoying strong growth

Short-term considerations frequently dominate an investment manager's life, but investment in emerging markets is fundamentally justified by the longer term probability that they will outperform more mature markets. These considerations are prime for venture capital managers but should also play a significant role in the calculations of all fund managers. Some countries are destined to outperform others by dint of their low cost base relative to their skill level and geographic location. Along the way they may have the odd bump but - good government permitting - they will put in better perf...