Contagion and volatility reduction contribute to change in regions

The face of emerging markets appears to have changed recently with a reduction in contagion and volatility, accompanied by a new type of investor exhibiting long-term ambitions.

But the opinion of fund managers is divided on whether there has been a long-term change to investment in the asset class, or whether this is a misinterpretation of events that could go wrong for investors.

Rob Brewis, investment manager at London-based fund manager, BDT, believes there has been a long-term shift, which i