Emerging sector ripe for reappraisal

conference

region's markets are seeing good returns and yet prejudice against many countries still rife

Despite excellent returns from emerging markets over long and short-time timeframes, traditional prejudices surrounding the region still need to be overcome, according to Jules Mort, manager of the Threadneedle Latin America fund. Mort said emerging markets have seen exceptionally good returns over one, three, five and 10-year periods and yet people primarily think of political corruption when looking at the region. "Companies are used to living through periods when capital is scarce and markets uncompetitive and have had to be well managed, otherwise they would have gone bust," he adde...