the lack of diversification of the major emerging markets index. wouldn’t that be a negative?
i think it was like "it lacks diviersification so you can invest outside of it to imporve bla bla bal
because the indices ae usually all govies for EM, not corps… so investing in corps provide additional upside and potential to beat the Index…
Also, I think indices are HEAVILY weighted towards say Mexico, Brazil, etc. the bigger players.