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Investors bank on good grasp of local politics

On-the-ground due diligence is helping investors understand the nature of risk in tricky EM markets

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India's PM Modi at the inauguration ceremony of the "Make In India" week in Mumbai, India, on Feb 13. Investors are lamenting that Mr Modi is not moving more quickly on economic reforms.

New York

DURING the boom years, when China's demand seemed insatiable and commodity prices dependable, the emerging- markets team at Stone Harbor Investment Partners in New York visited its countries once or twice a year. In the past six months, it has made four trips to Brazil and, since

sentifi.com

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