Emerging markets are by no means a safe haven, but the problems these countries face are minor in comparison to those of the more developed world, writes Jerome Booth, head of research at Ashmore Investment Management Limited.
In the latest Conjecture debate, our panellists from MFS and Standard & Poor's discussed European Equities.
JOHCM's Scott McGlashan claims Japanese companies must look beyond Japan to defy its depressed stock market.
Schroders' Louisa Lo says a drop in exports will see Asian markets affected by the Western downturn.
MFS Investment Management's James Swanson says companies must spend if they want to compete.
Investment Week and our sister title Investment Europe provide ongoing updates on the turmoil in global markets as investors fret over the US and European debt crises.
Threadneedle's Philip Dicken says a bleak European outlook is is cause for caution, but not excessive negativity.
Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.
The European Central Bank (ECB) has voted to hold interest rates and will boost liquidity in the eurozone in an attempt to prevent the sovereign debt crisis from spreading to Italy and Spain.
River & Mercantile's Hugh Sergeant said negative investor sentiment is pushing up equity risk premiums to credit crunch levels despite strong balance sheets among UK companies.