Emerging markets shrug off Middle East turmoil

During periods of geopolitical uncertainty, including the current Middle East conflict, investors look to react quickly, seeking safety and selling higher-risk assets. Amid these developments, investors are questioning whether the conflict could become prolonged. Emerging markets tend to be sold off in risk-off periods, although profit taking after a period of strong performance has played a role this time. Events have not changed the medium to long-term outlook for emerging markets, but flexibility in the short-term is still required. In fact, improving corporate fundamentals, infrastructure...