Emerging market (EM) equities have returned the strongest year-to-date performances among global equity markets in 2017, surging by 31%. In comparison, developed market (DM) equities have returned +16% over the same period. Analysts agree on the fact that this incredible rally is attributable to Chinese growth stabilising, coupled with a weak US dollar, low US rates and increased investor appetite for risky assets. The main question which now dominates investment discussions is whether this asset class harbours further potential upside.