Investing in Emerging-Markets Equities Without Benchmark Risk
Using a managed-volatility strategy, investors can gain the return premium of emerging-markets stocks while avoiding many of the risks.
Adrian Banner
December 17, 2025
A dealer is reflected on a monitor displaying a graph of the movement of the yen against the U.S. dollar at a foreign exchange brokerage in Tokyo, Japan, on Thursday, Jan.30, 2014. Japanese stocks fell, with the Topix index closing at its lowest in six weeks, after the yen gained as the Federal Reserve pushed ahead with stimulus cuts amid turmoil in emerging markets. Photographer: Yuriko Nakao/Bloomberg
Yuriko Nakao/Bloomberg
