Emerging market hedge funds in Russia and Eastern Europe saw a steep decline in February, according to data provider HFR.
The HFRI EM Russia/Eastern Europe Index fell -36.3%, the firm said as the overall emerging markets sector declined by -4.5% last month. The Russia/Eastern Europe Index had led emerging market performance in 2021 with 20.7% gain.
The impact of soaring oil prices, sanctions against Russia and the threat of Russian sovereign debt default has touched off various concerns across emerging markets.
“Emerging Markets hedge funds have been significantly . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
