Better Business: A risky home for your clients' money?

Over the past three years, annual volatility has topped 26% on average, according to Financial Express figures. But, in exchange, hardened investors have reaped rewards, until recently at least. The global sell-off hit emerging markets hard, even though many of them were in better economic shape to cope with the crunch. Three-year average returns were 31.88% to the end of last month, says Lipper. The best performers were First State Global Emerging Markets Leaders, up by 59.91% and Aberdeen Emerging Markets, up by 58.46%. However, more funds underperformed the MSCI Emerging Markets...