"A focus on quality and the long-term are key when investing in emerging markets." - Jack Nelson, Sustainable Funds Group

Emerging markets are usually seen as a risky asset class. News headlines in recent years of street protests, rapid currency devaluations and corporate governance blow-ups have done little to dispel these impressions.

But holding equities means investing in individual businesses, not in countries as a whole. And clearly all companies are not equally risky.

A business laden with debt has a far higher chance of going bust than a business with a robust balance sheet. And a company whose owners have a track record of deceiving regulators is far more likely to be falsifying their accounts than one managed by a reputable steward.