Texas ERS, PAAMCO to Seed Emerging Hedge Funds
The joint venture, called PAAMCO Launchpad, aims to pump in $3 billion.
The joint venture, called PAAMCO Launchpad, aims to pump in $3 billion.
The end of the emerging market boom doesn’t mean that these stocks are in a death spiral.
Their 0.65% increase last month makes up more than two-thirds of this year’s increase.
Second close is expected to net another $750 million.
Five new executives appointed as system gets into emerging markets.
The closely watched Commonfund survey also shows investors are bullish on emerging markets but anticipate US underperformance.
Founders to retain CEO, CIO positions.
MSCI EM Index currently at 28.3% returns in 2017.
Positive returns from top-level strategies; emerging markets continue nine-month hot streak.
Many see US equity valuations as stretched, and emerging markets offering the most opportunities in the next few years.
India shows top returns.
IFC attendees focus on managing risk, exploring right opportunities.
Some of the funds are changing their strategic approach or at least becoming slightly more transparent.
Economic development in emerging markets is predicted to be led by rising levels of education, infrastructure investment, and innovation.