The easiest way to pocket gains in emerging markets is to follow the money, says Irwin Greenstein in Taipan’s Emerging Market blog.

Of course, as Irwin points out, this doesn’t exactly sound like a great contrarian play. Contrarian investors usually bet against the big money.

How do you follow the money? By tracking investments made by the world’s cash-rich sovereign wealth funds (SWFs). Irwin says Gulf-state SWFs are moving into oil-rich Southeast Asia – tipping off investors to stable, long-term growth opportunities.