Invesco to close EM global bond fund
It is ‘no longer economically viable’
It is ‘no longer economically viable’
But which Lula will take office in January – the pragmatist or the interventionist?
Strategy invests in publicly listed local high-growth internet and technology stocks across the emerging markets
Fund selects stocks based on top-down country analysis and bottom-up stock ideas
Worsening US-China trade tensions cause the asset manager to cut back holdings of risky assets
Discount has seen a significant narrowing effect as sentiment warms to EM
‘Difficult to replicate’ market competes with North America for proportion of top rated funds
Targets growth in smaller emerging and frontier markets
Blended fund has fallen less than the index in the year to date
Move comes after passive flows into IA Global EM sector hit £83m in Q1
Fund selectors have been lured to passive strategies in emerging markets over the past 12 months after soaring technology stocks have driven the growth index sky high.
Alistair MacDonald, institutional portfolio manager for the Templeton Emerging Markets Group, outlines why investors should consider the small cap space when investing in emerging markets.