Global, EM equity managers struggle in changing markets


Conditions became increasingly challenging for global and emerging market equity funds in April. While some still made money, others had some significant drawdowns.

Among the better performers, RAB Special Situations was up a striking 8.13%, which takes its year-to-date figure to 25.16%. The Global Consumer Loyalty Fund was up 3.31% in April and has made 26.15% in the first four months of the year, while Marshall Wace’s MW Global Opportunities is back in positive year-to-date territory after a 2.74% boost in April.

Also making money were RAB Energy (2.29%), Tosca Focus (1.89%), Horseman Global (1.70%), Anavon Master Fund