Thursday, 23 December 2010

EM fund managers of 2010: the Austrian | beyondbrics | News and views on emerging markets from the Financial Times – FT.com

The FT is publishing rankings of emerging market fundsprepared by Lipper, the funds research company. Here is the first profile of one of the top performing funds.

Among the top-performing bond fund managers of 2010 is a little-known Austrian company with a formidable record. ZZ1, managed by Vienna-based ZZ Vermoegungsverwaltung, has come top among bond funds with $500m-plus under management, with a return in dollar terms of 23.3 per cent in the year to December 20, according to Lipper, the research company.

In a rare interview, Peter Pühringer, 68, the company’s wealthy and publicity-shy chairman, has told Chris Bryant, the FT’s Vienna correspondent, how he does it – and what he expects for 2010.

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