Emerging Markets: August Monthly Commentary

2 minutes read timeDuring August the strategy outperformed the MSCI Emerging Markets index by 1.7% in what was the eighth consecutive month of positive returns for the index this year.

Emerging Markets Income: August Monthly Commentary

2 minutes read timeIn August the fund gained 3.3% as markets continued to rally from their April lows. Performance has been broad-based but led by Taiwan, China and Brazil, with the consumer discretionary and information technology sectors contributing most at the sector level.

Emerging Markets Income: July Monthly Commentary

2 minutes read time In July the fund gained 6.3% as markets continued to rally from their April lows. Performance has been broad-based but led by Taiwan, which was driven by the ever-increasing capex for AI, combined with easing tariff concerns.

Emerging Markets Income: June Monthly Commentary

2 minutes read timeIn June the fund returned 4% (GBP I share class), led by South Korea, Brazil and Greece. The second quarter dividend was GBP0.27555 making a 12m trailing yield of 5.7% which is a yield spread of 210bp over UK inflation.

Emerging Markets Income: May Monthly Commentary

2 minutes read timeIn May the fund gained 2.6%, which was led by our holdings in Taiwan and Financials. Much of the strength in Taiwan was attributable to an unexpected 9% surge of the Taiwan Dollar which happened over just a few days.