Despite massive swings in the key Russian commodity, crude oil, Russian equities were able to produce a stellar return of 14% for the first three months of the year. Our largest positions in blue chips such as Lukoil, Sberbank, Gazprom and Rosneft significantly added...
Looking back at the past two decades, we can pick and choose numerous economic crises or market crashes that have re-shaped the global financial sector and fund industry to what it is today, ranging from the Asia FX crisis, the LTCM debacle, the dotcom bubble, the...
Bloomberg: You can count Jefferies Chief Market Strategist David Zervos among the investors who thinks this emerging market rally has legs. A cautious Fed, a rebound in oil prices, strong inflows, and country-specific factors like Brazil’s seeming move to stamp...
It’s 18 Years Since Emerging Market Currencies Had It This Good – Bloomberg March 30, 2016 Bloomberg: “It’s been at least 18 years since emerging-market currencies had it this good as the Federal Reserve adopted a gradual approach to its...
