Russia: Record Overweight, But Old Guard Losing Ground.
EM active managers are running their largest ever overweight in Russian equities. Buying in out-of-benchmark Yandex has been the key driver, but a...
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Magnit PJSC : Mind the Gap.
Ownership levels in Magnit are depressed. Today's average weights and funds held % are at multi-year lows. Recent sentiment looks positive when...
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EM Energy: Sentiment Depressed. Reliance Industries/Lukoil Bucking the Trend
The fallout from the Oil price wars has sent Energy allocations in GEM active portfolios towards their all-time lows. The average EM fund now...
417 Views
GEM Fund 2019 Performance Review: Active Funds Make Big Gains in 2019
2019 was an excellent year for GEM active managers, the 4th best in the last 17 years. Aggressive Growth funds came out on top, Value funds...
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The Russia Resurgence
Russian allocations among EM active funds are at their highest levels in 3-years. The Russian overweight stands at +1.23% above benchmark, the...
519 Views