A new paper by investment consultant Watson Wyatt says that emerging market investment may not provide investor protection during volatility in mainstream markets.
The paper, Emerging markets equities â is there a case for investing? says: "The non-correlation argument needs closer analysis in the light of events over the past few years. If emerging markets really are uncorrelated, then a crisis in one country should be a fairly isolated event, with little knock-on effect on other markets."
