Turbulent September sees mixed results for EM funds

India and China funds struggle

Mike Sheen
clock • 2 min read

Emerging markets funds dominated the lists of both the ten best and worst-performing funds in September, as Eastern Europe and Latin America outperformed while China and India suffered.

China continues to suffer from the emerging trade war, with President Donald Trump increasing tariffs on a further $200bn of goods imported from the country over the month and the import tariff set to increase from 10% to 25% in January 2019. Update: Mobius unveils launch of emerging markets SICAV Meanwhile, India has been hit by the rising dollar as the US continues to increase interest rates, in addition to increasing commodity prices, especially oil. Conversely, Eastern Europe and Latin America both performed well in September on the back of oil and commodity price rises. Oil st...

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