Hidden GEMs: How emerging markets are rewriting the volatility playbook

5 September 2025

Emerging market equities portfolio managers Archie Hart and Varun Laijawalla at Ninety One argue that stronger fundamentals, pragmatic policy, and resilient performance are reshaping investor perceptions of risk in emerging market equities. Earlier this year, we at Ninety One highlighted the shift in volatility regime in debt markets – characterised by a blurring of...