the performance of the fund has been mixed and this may deter investors
Some of the best times to invest are when sentiment is so negative that the market is beaten up to a point where it is cheap. Of course on the flip side when there is negative sentiment it is very hard to determine at one point you hit the bottom.
Emerging markets are one of those “regions” where it just feels very beaten up and unloved. Investors can rightfully ask why invest in an area when value can be found closer to home in Europe or the UK. The other side is that during these periods it is very hard to identify good managers, as they all get dragged down with general market sentiment.
In this update we talk to the manager of the JPM Emerging Markets Income Fund about emerging markets and his fund.