Taking an index agnostic approach to investing in emerging markets can be much more profitable over time than simply focusing on the index.
Emerging market weakness has been so pervasive that many are now extremely sensitive to any marginal positive change, says City Financial's Mark Harris.
With possibility of 20% plus corrections on the horizon, manager cautious on ASEAN markets over the next 12 to 18 months.
Increase in corporate failures
Some managers still remain committed to asset class
After months of capital outflows and uncertainty, the Federal Reserve's decision to hold rates in September could provide emerging markets with some respite.
Hedi Ben Mlouka, CEO of Dubai-based Duet MENA, explores the prospects for Vietnam and Pakistan - two countries which are "very much the architects of their own fortunes".
Rewind to May 2014 and Indian equity markets were in a state of euphoria following Modi's stunning election victory, built on the promise of a strong reform agenda.
Emerging market assets have seen another sharp summer sell-off and while this year's edition has been more violent than the past three, the causes are rather familiar.