What started as a valuation-driven rebound following the excessive de-rating of Asian equities in late 2008 has generated additional momentum on the back of more compelling evidence of an economic turnaround.
Manager's wealth of EM experience has put £104m Jupiter China ahead of its peers
The UK economy shrank by more than expected in the second quarter of 2009, figures reveal.
From where we sit at the half-way point of the year, it seems that to advocate an argument on whether the market is bullish or bearish is as finely balanced as it has been for a long time.
For an investment manager, rising equity markets are most welcome.
The perception is the European Central Bank has been an outstanding laggard in its policy responses, that it lacks a clear mandate, and has too many people (22) sitting on its governing board to be aggressive.
Estonia should be a prime focus for emerging market investors for 2009, says Hadley Barrett, CEO of Oxford Sustainable Group.
Pre credit crunch, the Chinese economy had been expanding at a tremendous rate; China's GDP growth in the mid-teens combined with booming housing and stock markets clearly signalled a case of overheating.
Notwithstanding the recent pullback, equities have rebounded sharply from their lows in March, with economic data indicating a moderation in the pace of GDP decline, while sentiment towards risk assets has improved considerably.
While it is too early to be confident in the timing of an economic recovery in Japan, there are at least some signs that the situation is improving significantly.