EEMEA grouping beats LatAm and Asian funds

Eastern Europe, Middle East and Africa (EEMEA) companies have experienced something of a recovery over the past couple of months, according to Giles Neville, fund manager of Schroders' Global Emerging Markets fund. He says: 'EEMEA posted 10% growth in April in sterling terms while Latin America has grown 5% and Asia has been flat.' According to Neville, South Africa has been one of the primary beneficiaries of the good earnings in commodities over the past year. He points to the oil company Sasol and the platinum mining company Amplats as being in strong positions within the market ...