Iberia and emerging markets including eastern Europe and India saw double-digit growth.

Serious Money: Emerging markets have come of age, most notably in Asia.

Strong future growth in emerging market economies will depend on deeper reform.

Funds focused on China, Europe, Japan and emerging markets all posted outflows.

The case matters to Novartis because India is an important emerging market.

As in recent times, all emerging market currencies have come under pressure.

Yet low costs are helping them dial in new emerging market customers.

It said that emerging market demand had offset continued weakness at home.

International markets, especially emerging markets, are poised to do better, he said.

MSCI's emerging market currency index backed off five month highs set yesterday.

This will partially offset any improvement in emerging market conditions, Richards said.

This remains a major risk factor for emerging markets like South Africa.

China is considered an emerging market because of its exceptional growth rate.

But it is clear the main beneficiaries are beaten-down emerging market currencies.

That came at the expense of developed market and emerging market equities.

However, Bernanke suggested emerging market authorities are suffering from an optical illusion.