Brazil

Introduced new long-term discount target

Four factors for a super-Goldilocks economy

Brazil and Russia top performers for 2016

Emerging markets continue to face a number of macroeconomic challenges, often linked with the dramatic falls in commodity prices and political risks that investors must discount for.

Renewed expectations of a US interest rate rise and the uncertain outcome of the imminent US election have recently contributed to more moderate returns from emerging market bonds after their solid year-to-date performance.

Raman Aylur Subramanian, head of equity applied research at MSCI, analyses the opportunities different emerging market countries have offered investors in the recent rally and how a handful of sectors have been key to the region's outperformance.

Replaced by interim Michel Temer

Regime change less of a threat

Presidential impeachment verdict expected in August

Best ideas from host countries since 1980