GLG’s emerging markets team turn adversity into advantage

October 21, 2010  



Taking over from the high-profile Greg Coffey – and on the day that Lehman folded – was a big test for GLG’s new EM team. But they have rebuilt the business to capture the high returns from EM investing without the heavy losses that can also go with the territory


Bart Turtelboom and Karim Abdel-Motaal, the joint heads of GLG’s emerging markets business, are no strangers to crises. Both men have been trading and investing in emerging markets since the mid-1990s – starting their careers in a decade marked by the Mexican ‘Tequila’ meltdown and the Asian/Russian debt debacles.


Bart Turtelboom and Karim Abdel-Motaal

So they understand better than most that turbulence goes with the territory. But even those previous baptisms of fire could...

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Data

Indices April 2012 Global indices

Composite
Index Composite
GlobalApr 12YTD%
Composite-0.11%3.26%96%
Emerging Market Debt0.10%2.92%98%
Emerging Market Equity0.00%6.58%98%
Equity-0.53%4.68%92%
Event Driven-0.12%5.28%79%
Macro-0.56%1.00%96%
Managed Futures-0.09%-0.21%98%
Single Manager African0.79%3.27%100%

More indices

We go very deep

Chad Liu, Prudence Investment Management