EM debt managers end a positive first half of the year on a performance high


Emerging market debt managers enjoyed a positive month in June, with only a handful posting losses, to complete a generally strong first half to the year.

GAM Emerging Markets topped the list for June performance with a return of 3.71%, and has made a punchy 16.17% over the last six months. Also posting a strong June figure was VR Global, which made 3% and is the best performer so far in 2010, having gained by 24.40% since the beginning of the year and 81.11% on a 12-month rolling basis.

Finisterre Sovereign Debt made 2.75% in June, taking it to 6.24%