VR Global shines again as EM debt managers make hay


Emerging market debt managers had a good time of it in September as EM fixed-income and currency markets continued to shine.

VR Global Offshore was again the star performer, gaining another 6.44% on the month for a punchy year-to-date gain of 42.38% and an eye-catching rolling 12-month return of 64.31%.

Argo Special Situations posted a 4.44% return, while Guillaume Fonkenell’s Pharo Gaia strategy was up by 3.37% with the firm’s Pharo Trading Fund up by 1.79%.

Greg Coffey’s Moore Emerging Markets was up 4.97% and Moore Emerging Fixed Income and Currency returned 3.16%, while GLG Emerging Markets gained