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Why Mirabaud’s Tubbs is happy to buy Russia
by Elsa Buchanan on Mar 21, 2014 at 11:17
He has held the stock since the fund was launched in 2012 as a play on affordable housing.
‘Emerging markets have the potential to be the best performing asset class in 2014. It is a bold statement, but the emerging market investment case in intact,’ he said.
Over the last 12 months, the fund has posted 8.6% losses compared to a 10.49% fall in the MSCI Emerging Market index. Since inception in July 2012, the fund is up 2.11%, against the benchmark’s 1.48% rise.
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by James Phillipps on Jul 25, 2014 at 14:49