Head of Multi-Management Jaime Arguello examines whether 2014 is the time to seek opportunities in the Emerging Markets. After many years of strong growth in the region, emerging economies are slowing. Fiscal imbalances, increasing labour costs and the lack of discipline in both fiscal and monetary policies is impacting the prospects for this market. However, they are not a homogeneous block and a managed approach to the market is, in our view, the best way to capture the region’s growth.