Trade disputes, dollar strength and extensive currency depreciation in Argentina and Turkey (both with large current account deficits) have weighed on emerging market (EM) sentiment in recent months.
Tenth anniversary of crisis
Argentina and Turkey risks
Round-up of the biggest stories of the past few weeks
'Timing is of the essence': Can Turkey recover from currency crisis and prevent wider EM contagion risk?
Managers warn of consequences from fall in lira
Would cause damage to other emerging markets
Reluctant to control interest rates
Fixing an overheating economy
Should investors consider EM corporate issuers for sustainable and responsible investment strategies?
With global growth accelerating, emerging market (EM) corporate fundamentals continue to improve. Moreover, EM corporate bonds offer attractive valuations in the current low-yield environment.
Possible challenges to flows
Volatility is a healthy development
Half of new issuance this year will come from Asia
Seen bold reforms including demonetisation
'Increasingly important asset class'
Gallery of key events
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.
Regime change less of a threat
"Swift resolution" limits downside
'High risk' event for emerging markets
Until just a few months ago, emerging markets seemed doomed. The four horsemen of the EM apocalypse were supposed to be Brazil, Turkey, South Africa and everyone's least favourite demon - Russia.
Max King, multi-asset portfolio manager at Investec Asset Management, explores the highs and lows of financial markets and business in 2015.
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.