Jupiter closes sub-scale EMD strategies as managers exit
While fund managers Reza Karim and Alejandro Di Bernardo are set to exit, weeks after head of EMD Alejandro Arevalo’s departure was announced
While fund managers Reza Karim and Alejandro Di Bernardo are set to exit, weeks after head of EMD Alejandro Arevalo’s departure was announced
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67% of sovereign investors expect EM to match or beat DM performance over three years
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Investors fail to acknowledge the scale of emerging markets, writes Chris Kushlis
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But which Lula will take office in January – the pragmatist or the interventionist?
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Majority of funds will fall into a new hard currency sector
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Hardeep Dogra has also managed absolute return funds for Schroders
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Blended fund has fallen less than the index in the year to date
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Emerging market fundamentals remain robust in the opinion of many European fund buyers who say a market correction has increased the appeal of the asset class, according to Last Word Research.
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European-domiciled emerging market (EM) funds have seen a spectacular turnaround in fortunes since the start of 2018, with inflows up €14.5bn (£12.8bn) during January to reach €11.4bn of assets under management, according to Morningstar data.
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With most global fixed income markets priced for perfection, investors are flocking to the one yield hold-out left: emerging market debt. But are investors really being compensated for the risk?
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Mirabaud Asset Management has launched a Luxembourg-domiciled Emerging Market Debt fund following the hire of Daniel Moreno from Rubrics Asset Management.
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Lincoln Private Investment Office’s CIO Fred Hervey is anxious about a comeback for the US dollar and a potential market sell-off, but he says the group is sticking by its EM conviction because of its “margin of safety” from good valuations.
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