Sep
10
BlueOrchard Fund Now Has the Only Money Making Strategy in EMs
By-
Firm has only large EM fund with positive returns this year
- Manager Sebastian Juhen has eked out a 2.5 percent return
Sebastien Juhen’s simple investment strategy, inspired by a two-year bike ride across the Americas, is paying dividends for investors at a time when almost everything else in emerging markets is in freefall.
Eschewing the derivatives favored by others, the money manager who runs BlueOrchard’s $1.6 billion Microfinance Fund has eked out a 2.5 percent return this year. That makes it the only one out of 251 emerging-market funds bigger than $1 billion to have gained at all, according to data compiled by Bloomberg…
BlueOrchard Fund Now Has the Only Money Making Strategy in EMs
