[private]After a rather difficult 1st half of the year for the emerging markets, escalating rhetoric between Mr Trump and Mr Erdogan pushed the the Turkish Lira down 28% over a week, initiating fears of a contagion effect to the rest of the emerging markets….
….Through the below link you access to Gemway, portfolio manager of the Gem Equity Fund, commenting briefly on the situation and its portfolio positioning (french version).
Access the Note
The WSP Team[/private]