It was a mixed bag for emerging market funds in July with Latin American funds among the strongest performers in the Investment Association universe, but China funds struggled.
According to FE, four of the top five funds last month were LatAm funds with the Neptune Latin America fund posting the strongest returns out of the group, rising 14.5%. This was closely followed by the Scottish Widows Latin America fund, which returned 13%, while the Aberdeen Latin America fund and Invesco Perpetual Latin America fund were up 12.9% and 11.9% respectively. This was versus 9.9% for the MSCI Emerging Markets Latin America index, which was impacted at the end of the month by profit taking and a string of poor corporate results. 'US dollar has crossed the Rubicon': Fun...
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