Emerging market equities are not for the faint of heart. Even the most iron-bellied investors in the sector have had their share of heartburn over the past year. First there was Fed tapering … and the slow-motion currency crisis that followed in Turkey, South Africa and Argentina, among others. Then there was the on-again/off-again unrest in Turkey and Venezuela. And now, we have the Russia/Ukraine crisis that has yet to be resolved.
-Igor P Purlantov
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