Don’t miss out on emerging-market growth

Emerging markets have been through stormy times, says professional stock picker Xavier Hovasse. But there are still some tempting opportunities to profit.

Each week, a professional investor tells MoneyWeek where he'd put his money now.This week:Xavier Hovasse,head of emerging equities at Carmignac.

Emerging markets have been through some stormy times recently and these are set to continue. Emerging-market currencies and South American politics dominated the year-end jitters, with the yuan still making headlines at the time of writing. Following its surprise devaluation this summer, the Chinese currency's pegging to the dollar has became the focus of concern.

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Xavier Hovasse is manager of the Carmignac Emerging Discovery Fund.