2010 saw a lot of fund flows into emerging markets, with most markets outperforming. However, Adrian Mowat, Chief Asian and Emerging Equity Strategist at JPMorgan said he expected 2011 to be a choppy year for emerging markets. "Emerging markets may face serious macro economic issues," he said.
Mowat believes the valuations of emerging markets are reasonable.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!