Emerging market debt and equity funds score again in lively markets


Emerging market debt funds posted some strong numbers in April, while emerging market equity players also enjoyed another generally buoyant month in the underlying markets.

On the debt side, GAM Emerging Markets Hedge was the star, up 4.89% for a year-to-date return of 17.4%. VR Global had another excellent month, up 2.57% for a YTD of more than 20% and a rolling 12-month return of 116.76%.

The Finisterre stable of emerging market debt and credit-focused strategies was also on good form again - with Finisterre Global Opportunity gaining 2.83%, Finisterre Special Situations up 2.49% and Finisterre Sovereign Debt posting a