A question of timing...

In a volatile and ever-changing investment universe, timing is of the essence

Market timing is a difficult exercise and it is especially tough to be consistently right all the time. However, getting one’s timing slightly wrong is one thing and completely missing the bottom (or top) quite another. As far as global emerging markets go, retail investors failed to spot the bottom as strong inflows continued long after the peak of the market in November 2007 and despite the meltdown in 2008. Investors who were late to the global emerging markets party saw poor timing eat into their returns, exposing them to a notably higher downside risk. The net retail sales in the IM...