Despite the recent increase in volatility, fund managers and analysts believe the growth prospects fo...
Despite the recent increase in volatility, fund managers and analysts believe the growth prospects for emerging markets are still intact. Philip Ehrmann, head of emerging equities at Gartmore Investment Management, says: "In recent weeks emerging equities have suffered from being viewed as a 'higher risk' asset class so were bundled in with risky Nasdaq holdings when investors decided to take a defensive stance and head for the relative safety of US blue chips." However, managers say it is important to remember that over the longer-term developing regions will be the beneficiaries of acce...
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