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Top 5 emerging markets debt, local currencies: Man GLG

The asset class is caught in a general bear market for bonds.  The GBI-EM Global Diversified Index, the leading benchmark for emerging market bonds, continued its downward trend and closed the first quarter of 2022 with a loss of 4.4 percent measured in euros.  In this difficult market, it is Man GLG that has been the best performer this year.