Emerging markets have received a net inflow of over $4.6 billion in the last few weeks, a sure indication of increased faith by large lenders.
Much of the money has been diverted from developed markets to mainly Asian markets, such as China, Korea, and Taiwan.
S&P Investment Advisory's Erin Gibbs said, "We really see this as a China play. I would recommend that investors actually focus specifically on Asia Pacific ex-Japan. We think you get the most bang for your buck by focusing on that one region."
Read more at CNBC.