This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. This material should be considered as general market commentary.
To many investors the thought of investing in emerging markets may sound somewhat exotic, with the prospect of high returns, while to others the first thing coming into their heads will be the risks and volatility of past events, as well as how investors got burned by events such as the numerous defaults by Argentina, the Russia crisis in the late 1990s and the multitude of political uprisings in individual countries which have upset foreign investors.
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