While many emerging market stocks, bonds and currencies have largely stabilized over the last quarter of 2015, many investors still expect renewed turmoil as capital flows out and the commodities bust continues to grind on. In contrast, a total $1.6 trillion of investor money had flowed into emerging markets from 2009 through 2014 (according to the Institute of International Finance) as investors searched for higher returns as interest rates fell to near zero in most of the developed world.
To read the whole article, Risky Business: Cutting a Path Through Emerging-Markets Turmoil, go to the website of the Wall Street Journal.
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