How to exploit emerging market panic and energy weakness

Over the past couple of months, Oyster's Claire Shaw has actively increased the fund's exposure to emerging markets as it is one of the most out of favour themes in the market right now.

We look to exploit short-term fear in certain sectors and geographies to buy solid companies at the point of maximum pessimism. One such example is UK-based Ashmore Group, an asset management firm specialising in emerging market debt. Due to souring emerging market sentiment, Ashmore's share price has been hit hard. The company's attractions include strong performance across all its funds over three years, strong management, £365m in cash on the balance sheet, and it is trading on a very cheap price - it is currently on a double digit free cashflow yield, and 7% dividend yield. I b...