The riskiest emerging markets for investors

Investors have started to turn their backs on risky assets, exposing these emerging markets to higher interest rates.

Last May, emerging markets "went into freefall" when the US central bank hinted that it would taper (gradually reduce) its money-printing programme, says Chris Wright on Forbes.com. The prospect of higher interest rates in the US prompted investors to turn their backs on traditionally risky assets.

Once tapering was finally announced late last year, emerging markets took it in their stride. But this smooth start hardly rules out "a disorderly adjustment scenario" akin to, or worse than, last May's turmoil, says the World Bank.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.