Distinguishing between those countries that would simply do well in a broad emerging market rally, and the economies where fundamentals have actually improved, is becoming increasingly important.
Ends 27-year stint at helm of Asia Pacific fund
The Borsa Istanbul index may have rallied over 5% on the back of the Justice and Development Party's (AKP) surprise win in Turkey's general election on 1 November, but fund managers have warned caution is still needed when investing in the country.
More focus on mainland China
Weisser joins from Standard Chartered Bank
BNP Paribas Investment Partners' emerging market strategist Patrick Mange said it is too soon for retail investors to consider investing in EMs again, as the region continues to face a number of headwinds.
Taking an index agnostic approach to investing in emerging markets can be much more profitable over time than simply focusing on the index.