Performance

Tiedemann still ahead

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Equities in countries such as Russia, Brazil and China took a big hit in May, spelling trouble for emerging markets funds. Also, wary investors cooled towards riskier investments, causing turbulence in the strategy. The Tiedemann Global Emerging Markets fund bucked the trend, posting a 0.66% gain, which boosted its year-to-date return to 4.11%. The Marathon Master fund also outperformed the index, posting a 0.68% gain for the month, bringing its year-to-date gain to 10.89%. The Ellington Emerging Markets Fund enjoyed a gain of 0.84%, boosting its year-to-date total up to 2.06%. More typical of its peers was Moore