Investegate |Genesis Emerging Announcements | Genesis Emerging: Availability of Quarterly Update
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Genesis Emerging Market Fund proposes switch to Fidelity for management
pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
25 February 2021 | 09:32am
StockMarketWire.com - Fund manager Genesis Emerging Markets reported an increase in net asset value returns that topped its benchmark returns in the first half of the year thanks to a rebound in markets.
For the half year ended 31 December, net asset value rose by 19.1% in sterling total return terms to £9.67 per share, above the 18.8% in the fund s benchmark, the MSCI Emerging Markets Index. A rapid rebound in the global economy in the third quarter as lockdowns were lifted, and news of effective vaccines in the fourth quarter, propelled emerging market equities upwards in the second half of 2020, the company said.