18.01.2007 Opalesque Exclusive: Emergent re-opens outperforming emerging market funds, announces emerging market real estate fund launch
Emergent Asset Management Ltd. announces the re-opening of its two emerging markets funds, Alternative and Ballistic, from January 1, 2007. Emergent EM Alternative Fund was up +4.1% in December and +30.3% in 2006, while Emergent EM Ballistic Fund returned +3.2% and +31.8%. The firm also announced it will launch its Emerging Markets Real Estate Fund on March 1st, 2007, target return is 25% pa.
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