Global economic recovery lets emerging markets catch up

Emerging markets

Emerging markets will continue to provide good opportunities over the next few months, say hedge fund managers. Having outperformed other equity regions last year, the trend is likely to continue as markets are buoyed by signs of global economic recovery and easing monetary conditions.

The best-performing markets are those most prone to cyclical economic recovery, such as Brazil and Turkey, says Robert Davy of the Schroders Global Emerging Markets Fund.

"Our forecasts remain supportive of emer