Emerging-market equity and debt players had a strong month in April, with a number of niche operators among the best performers. PharmaInvest led the pack in equity, returning 20.65%.
Emerging Value Opportunities was up 18.30% and Access Turkey Opportunities made 14.84%. Balkan Emerging Frontiers gained 6.03%, SR Global Emerging was up 5.07% and Mango Capital made 4.94%. GEM Global Energy was up 4.93%, Scipion Alpha Seeker returned 4.23% and Investec’s Pan Africa Fund was up 3.69%.
GLG Emerging Equity was up 1.48%, while GAM Global Emerging Markets Hedge made 1.16%. Insparo Africa Equity was up 1.07% and Jabcap