• Another month of outperformance for Frontier and Emerging markets compared to Developed markets. Chinese H-stocks stood out, rising 11% during the month.
• Russia was the exception, falling 6% on the Malaysia Airlines incidence and new sanctions.
• Strong performance from Tundra QuAsia (+7,5%) taking advantage of the rise in China/HK.
• Another strong month in Vietnam (+6%) after less tension with China and an upgrade by Moody’s.
Read the entire update here.
Kundgrupp / Investortype:
* Ontario and Quebec