As Investors Flock to Emerging Markets, Whither Risk?

Emerging Markets (EM) have been a big winner this year, turning in strong performance and seeing risk forecasts decline. Investors with a refreshed appetite for global risk have poured money into these markets. The enthusiasm could be facing headwinds, however.  In this study, we delve into the various components of risk and what investors might want to keep an eye on as they consider EM for their capital allocations.