Emerging market debt funds have managed to post strong annualised mean returns over the period fro...
Emerging market debt funds have managed to post strong annualised mean returns over the period from August 1998 to July 2000, despite crises including the Russian debt default of 1998. However, performance has come at the price of high standard deviation. Average annualised mean return across the sector is 4.87%, with annualised standard deviation of 22.25%. One of the top performers in the sector was Ashmore Russian debt portfolio, run by specialised emerging debt investor Ashmore, which had an annualised mean return of 31.76%, and annualised standard deviation of 65.15%. The group ta...
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