Phoenix from the flames - but who will it be? Russia, India, China, or even Latin America?

While the world is in turmoil following the credit crunch, attention turns to the emerging markets for a possibly safer investment. Three experts tell Jamie Wynn-Williams which market they favour to come out on top and why

Emerging markets could fall ever more into favour among allocators as a recent study by Standard & Poor's Investment Advisory Services, Global Investment Prospects and Strategy, suggests that the "rollercoaster performance in US markets" provides a good reason to diversify portfolios abroad.

The overriding concerns regarding credit and liquidity in the US debt markets provide investors with a window of opportunity to look at investing in emerging markets, says the report, picking out Asia and

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