Last year’s crisis offered numerous compelling investment opportunities but also functioned as a litmus test for active managers, say managers of the Evli Emerging Frontier Fund Burton Flynn and Ivan Nechunaev.
The EUR 135m fund, which invests in 33 emerging and frontier market companies, took a steep dive in March but more than fully recovered by year-end, posting a 20.1 percent return in euro terms for 2020.
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