Blurred symmetry in Q1 fund performance figures
By , 5 Apr 16
What a difference a year makes. In the first quarter of 2015, the top 10 funds were a mixture of Japanese equities, Russian equities, and biotechnology funds, with a frontier markets fund rounding things out.
Brazilian equities also had a great quarter, although much of the action took place in March following the commodities rebound. And, took up the remaining three spots in the list.
Leading the pack was the Allianz Brazil Fund. But, at £8.4m, the fund is significantly smaller than the other two Brazil funds: The HSBC GIF Brazil Equity Fund ($182m) and the JPM Brazil Equity Fund ($166m).