Emerging Markets: When and Where Will They Recover?

Excerpt from our One Page Annotated Wall Street Journal Summary (get it e-mailed to you every morning by signing up here):

FUND TRACK: Tough Times for Emerging Markets

• Summary: Nobody thought the emerging markets run would last forever, but the recent downturn has been stronger than most expected. When -- and where -- will emerging markets recover? Mark Mobius, manager of Templeton Developing Markets Trust sees particular potential in Turkey, and thinks EM investors should generally get used to a longer-term view. The Fed's comments last weeks may help via a spillover effect to EMs, as they were broadly viewed as dovish.
• Comment on related stocks/ETFs: Abnormal Returns recently collected a number of well-argued opinions why emerging markets remain compelling. If you're interested in Turkey, Groovystocks calls cellphone operator Turkcell (TKC) a bargain. And note the allocation to emerging markets in Agile Investing's latest model portfolios.