Emerging Markets Income: March Monthly Commentary

2 minutes read timeIn March the fund was down 20bp and over the first quarter up 2.3% which compares favourably to MSCI Emerging markets and MSCI world which were both down over the same period.

Emerging Markets: March Monthly Commentary

3 minutes read timeDuring the first quarter of 2025 the Pacific North of South EM All Cap Equity Fund (USD I Distributing share class) outperformed the MSCI Emerging Markets index by +2.2%.

Emerging Markets Income: January Monthly Commentary

2 minutes read timeThe fund started the year positively with a gain of 3.6%. Considering the concern associated with trade tariffs from the new US administration, this probably comes as a pleasant surprise.

Emerging Markets: January Monthly Commentary

2 minutes read timeDuring 2024 the Pacific North of South EM All Cap Equity Fund outperformed the MSCI Emerging Markets total return index by over +1.9%, helped by strong relative performance of +6.5% during the final quarter.

Emerging Markets: December Monthly Commentary

4 minutes read timeDuring 2024 the Pacific North of South EM All Cap Equity Fund outperformed the MSCI Emerging Markets total return index by over +1.9%, helped by strong relative performance of +6.5% during the final quarter.

Emerging Markets Income: December Monthly Commentary

2 minutes read timeIn December the fund appreciated by 1% bringing the full year return to 13.6%. A fourth quarter dividend was declared of 0.109366p giving a full year net yield after withholding taxes of 6.4% which compares to December UK CPI of 2.5% year on year.

Emerging Markets Income: November Monthly Commentary

2 minutes read timeIn November the fund appreciated by 1.6%, led again by the UAE which was almost all due to the performance of Emaar Development following another significant beat in quarterly earnings.