Introduction

Emerging markets took a battering last month. With fears of a global recession growing, investors ditched high-yielding assets en masse, causing local stock markets and exchange rates to go into freefall.

Brazil's Bovespa index fell 36.5% between the start of October and October 24, while the Mexico Bolsa index tumbled 31.8% over the same period. Even that pales in comparison with Russia, where the Micex index fell 49.6%. With overseas investors taking flight, the value of emerging market cur

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: