Emerging markets funds perform well in January
MARKET NEWS
STAMFORD, CT -- Emerging markets fund managers and those using a systematic trading style outperformed the wider currency fund management community in January, according to Parker Global Strategies.
The firm's Emerging Markets Index was up 1.08% for the month -- while the Parker Index was down -0.13%. The Discretionary Index was up 0.63%, and the Systematic Index was down 0.37%.
Virginia Parker, president of Parker Global Strategies, said the rally in Turkey due to IMF approval led to the month
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