Emerging-market portfolios safe from Egypt turmoil

Egypt is a bit far afield for AsianInvestor, we admit. But who hasn’t been captivated by events there, as the biggest population in the Arab world (83 million) wakes up from three decades of stagnation under Hosni Mubarak’s oppressive regime? And, more to the point, does Egypt’s political upheaval – which sent the local stock market plummeting 20% before the exchange was closed – have any implications for regional or emerging-market portfolios? The short answer is no. Despite Egypt’s …