After months of fund outflows, emerging markets shouldn't be treated like pariahs as they offer solid value, analysts said.
"Emerging markets have really been beaten up a lot, probably a bit unfairly since most of last year and into this year," said Julie Dickson, emerging market equity portfolio manager at Ashmore Investment Management, which has around $75.3 million under group management. "It means fantastic value."
(Read more: How fragile are emerging markets?)
Emerging markets have seen a brutal sell-off this year after sharp falls in the value of the Argentine peso, Turkish lira, South African rand and Brazilian real triggered panic selling across the asset class, with analysts largely blaming the turbulence on the Federal Reserve's move to begin tapering its asset purchases.
Funds have flowed out of emerging market equity funds for 13 consecutive weeks, according to data from Jefferies, with a total $18.76 billion exiting the segment so far this year.