The best and worst funds of Q1

By , 1 Apr 15

Although 2015 has been touted as the year of the stock picker, it would seem from the performance rankings that much of the success in the first quarter has been heavily influenced by geography and large macro swings.

HSBC GIF Brazil Fund
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HSBC GIF Brazil Fund

The HSBC GIF Brazil Fund is the second of four Brazilian funds in the top 10, the remaining two are the BNY Mellon Brazil Equity Fund and the Allianz Brazil Fund. Run by Natalia Kerkis since 2011, it produced a negative return of 11.35% during the quarter.

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