A safe bet

Financing trade movements between emerging markets and developed markets can be a lucrative, if slightly dull, market

It might not be the most glamorous sector of the market, but good, solid returns can be gained from financing exports from the emerging markets. At the International Investment Group LLC (IIG), in New York, which has been an investment manager since 1994, David Hu and his team ' comprising James Culver and Sohail Hasan ' have been up more than 10% each year since their flagship, Trade Opportunities Fund, was launched in August 1998.

The fund, which has had no correlation to the performance of

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