"Does the flap of a butterfly's wings in Brazil set off a tornado in Texas" was the title of Edward Lorenz's talk in 1972 that helped bring aspects of chaos theory to a wider audience.
As emerging markets evolve, is it time to reassess the asset class?
Swip has launched three emerging markets funds, focussing on infrastructure, smaller companies and Latin America respectively.
Baring Asset Management has appointed Kommera Chakradhar Reddy as head of India equities, with a view to launching further funds in the region.
Emerging market debt held up well relative to other asset classes in 2008, and in 2009 has performed strongly as global financial markets have rallied.
Since March this year the Asia Pacific markets have rallied strongly, as investors anticipated that loose monetary policy and government stimulus packages would be enough to trigger a recovery.
Simon Lue-Fong, manager of Pictet's Emerging Local Currency Debt fund, has reduced his long duration bias in preparation for the end of emerging market bank's rate cutting cycle.
Emerging market currencies have rallied strongly after a rough opening to the year. Globalisation, the structural driver for the asset class, continues.
Emerging markets equities experienced an extraordinary recovery in the second quarter of 2009.
For quite some time, India has languished as the poor relation to China in the minds of UK investors.