Emerging markets funds led performance tables in November with Indian funds doing particularly well, as oil prices dropped.
Four out of the top five performers for the month were open-ended India-focused products including the £777m Jupiter India and £85m Neptune India funds, which were up 8% and 9% respectively. Ben Yearsley, director at Shore Financial Planning, said this was "no surprise" as the country is a large net importer of oil, which fell from $73 to $59 at the end of November, countering inflation and going "straight into the pockets of the Indian consumer". IW podcast: Are emerging markets still the future of the global economy? Meanwhile, China and emerging markets funds also made the top t...
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