Desjardins IBrix Low Volatility Emerging Markets Fund
F 0.95% 0.90% (0.05%)
Its global credit fund, which had raised over $250 million, was an emerging markets fund
offering private debt to medium-sized and growth-oriented companies.
Quoting Copley Fund Research, Financial Times reports that Fidelity Emerging Markets Fund
, Goldman Sachs EM Equity Fund, Fullerton Global Emerging Markets Equities Fund, RWC Global Emerging Equity Fund and three other US funds have all closed their positions in recent months.
Puts lead calls 5:1 in iShares Emerging Markets Fund
. Shares up 9c to $42.28 and 70K Apr 35.5 puts trade 2c with bid-ask 1 to 2c.
Morgan Stanley Emerging Markets Fund
Inc (NYSE:MSF) announced on Friday that it will pay a dividend of USD1.191471 per share.
Many emerging markets fund
managers are taking a reactive approach to investor requests for independ- ent valuations.
LAHORE -- IJARA Capital Partners Limited (ICPL), a private equity and venture capital firm have acquired Quick Foods Industries (Pvt.) Ltd., operating under the brand name of 'MonSalwa', a frozen food company, through its Pakistan Emerging Markets Fund
The investment bank developed a fund on BRICS investments: Assets fell from $800 million in 2010 to $100 million, and the fund has been folded into a broader emerging markets fund
. "By shutting the fund, the Wall Street bank has signalled an end of an era in which the four developing economies - Brazil, Russia, India and China - appeared to be shaping a new world order," reports Ben McLannahan for Financial Times, adding that the group "remains determined to impose itself as a distinct geopolitical force." Slowing economies, lower prices for commodities and varying cultures challenge BRICS's cohesion.
Table no.2: Sharpe ratios on >>Foreign Emerging Market Funds<< Equity mutual fund Sp Rate of return [sigma] (%) ESPA stock BRIC 0.00 3.54 24.67 EEF equity emerging markets Asia 0.11 6.25 23.90 EEF Middle East & Africa -0.03 2.79 24.66 Templeton Asia growth fund 0.43 14.89 26.13 Templeton emerging markets fund
0.09 5.57 22.17 PI Funds - Asia (ex.
Aberdeen's Emerging Markets fund
takes fifth place in the Alliance Trust Savings' top 20; Asia is prominent too, and Vanguard, a low-cost operator, takes 19th spot with its Emerging Markets Stock Index fund.
"First State's Global Emerging Markets fund
returned pounds 8,715 on a pounds 5,000 investment over three years in the period May 2009 to May 2012.
Global asset manager Russell Investments has launched a new broad emerging markets fund
that aims to provide investors with greater access to opportunities in small cap and frontier markets for significant active returns.