Are UK investors worrying about the wrong crisis?

Echoes of the dotcom bubble ring true

UK investors have returned from their summer breaks to be faced with a stream of headlines regarding an "emerging markets meltdown" and what the financial service industry has learned (or not) ten years on from the collapse of Lehman Brothers.

The recent bout of volatility in emerging markets and the timely reminder of the Global Financial Crisis (GFC) will no doubt be playing on the minds of investors. However, short-term noise and fears...