| 27.04.2007 Opalesque Exclusive: GEM`s Emerging Income Fund up 3.1% in March, keeps long positions |
| Nassau, Bahamas-based GEM Global Equities Management S.A. says its Emerging Income Fund was up +3.1% in March. YTD is 5.9%; the fund returned 23.2% in 2006, 63.1% in 2005 and 12.3% in 2004 with an August launch date. The fund says “we continue to keep our long positions, which are mainly in Turkey, Russia, Philippines, and Ukraine. Since we have been observing rather compressed yields in t |
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