Emerging Markets Income: August Monthly Commentary
2 minutes read timeIn September the fund appreciated by 1.7% in GBP, bringing the nine month return to 9.2%.
Emerging Markets: September Monthly Commentary
3 minutes read timeDuring the 3rd quarter, the fund lagged the MSCI Emerging Markets index by 3.4%. The greatest drag came from Korea and Taiwan as well as our Latin American energy positions.
Emerging Markets: August Monthly Commentary
2 minutes read timeIn August the fund underperformed the MSCI EM index by 1.2% during a highly volatile period.
Emerging Markets Income: August Monthly Commentary
2 minutes read timeOver the month the fund gained 0.85%. Markets have been in a state of wind-against-tide for much of the summer. Unsettled, rangebound and volatile.
Emerging Markets Income: July Monthly Commentary
2 minutes read timeIn July the fund declined by 3%. Currency markets continued to be a source of volatility which this month combined with weakness in technology.
Emerging Markets: July Monthly Commentary
2 minutes read timeA positive relative performance of 0.4% in March has led us to finish the first quarter of 2024 with an outperformance of 2.3% against the MSCI Emerging Markets index.
Emerging Markets Income: June Monthly Commentary
2 minutes read timeApril proved to be the first month in a while that we saw some meaningful rotation in the geographic performance of the fund. Our weakest markets were Taiwan, Mexico and Brazil, largely triggered by resurgent concerns over the path of US interest rates. Our top performers were in China/Hong Kong, Chile and Greece.
Emerging Markets: June Monthly Commentary
3 minutes read timeA positive relative performance of 0.4% in March has led us to finish the first quarter of 2024 with an outperformance of 2.3% against the MSCI Emerging Markets index.
Emerging Markets Income: May Monthly Commentary
2 minutes read timeApril proved to be the first month in a while that we saw some meaningful rotation in the geographic performance of the fund. Our weakest markets were Taiwan, Mexico and Brazil, largely triggered by resurgent concerns over the path of US interest rates. Our top performers were in China/Hong Kong, Chile and Greece.
Emerging Markets: May Monthly Commentary
2 minutes read timeA positive relative performance of 0.4% in March has led us to finish the first quarter of 2024 with an outperformance of 2.3% against the MSCI Emerging Markets index.
