Remaining inflows were dominated by Emerging markets funds
(EEM, IEMG, EMB) and Global funds (IEFA, VEU).
"Mark was instrumental in building the very experienced bench of investment talent within our emerging markets team, and he is leaving the various emerging markets funds
and strategies launched under his leadership in very capable hands," said Dover in a statement.
Excel Funds offers a wide selection of emerging markets funds
to Canadian investors.
DFM chairman Eisa Kazim said: "London-based international investors have shown great interest to meet the representatives of Dubai-listed companies, hence the roadshow has seen tremendous attendance of institutions and emerging markets funds
, which are increasingly attracted to our market, particularly after it has been classified as an emerging market.
From 2002 to 2004, Robert was an associate fund manager for the emerging markets funds
, responsible for the EMEA region.
"Investors who have held their nerve and retained their emerging markets funds
despite the ups and downs of global stock markets have been well rewarded, if they chose the right funds," he said.
Tony Ahearne, director at investment research company Moneyspider.com, says: "Investors who have held their nerve and retained their emerging markets funds
despite the ups and downs of global stock markets have been well rewarded, if they chose the right funds.
More than two-thirds of all Emerging Markets funds
are Equity Hedge strategies, more than double the overall industry average of 30 percent.
And, by comparison, diversified emerging markets funds
were excellent performers, delivering annualized returns greater than 9% during the 2000s:
Global Emerging Markets funds
gain nearly 19 percent for the quarter;
HSBC is now the number one emerging markets fund
manager by both assets under management and number of emerging markets funds
available on the UK's largest fund distribution platform for intermediaries.'