Abstract
- The Fund (Class I) returned 3.35% within the second quarter versus the J.P. Morgan EMBI International Diversified Index return of three.32%.
- Nation choice contributed most to efficiency throughout the quarter, whereas problem choice offset its optimistic contribution.
- We anticipate additional outperformance in native currencies versus the U.S. greenback in our Base Case on report inflows into the asset class.
Olena_T/E+ by way of Getty Photographs
Market Evaluation
Sector Evaluation “Broad Market”
A number of high-profile occasions drove markets this quarter. Trump’s tariffs launched important unpredictability to world markets, as did the 90-day pause that adopted on a few of these tariffs. The U.S. started negotiations with key
Choose quarterly mutual fund commentaries.
