Fidelity: UK investors fail to keep pace on global asset allocation

While anecdotal evidence suggests that many investors are inclined to allocate less than 5pc of their portfolio to emerging markets - traditionally seen as a highly volatile area of investment - these countries have nearly doubled their share of global GDP to 30pc in less than two decades. China has climbed its way up the world league table of economic growth and the International Monetary fund forecasts it to be the third most important country in terms of GDP by the end of this year, behind Japan and the US. Seven of the world's 20 largest economies are found in emerging markets, with...