9th Apr 2020 - 3:55pm Why emerging markets hedge funds face “uneven recovery” after Covid-19 shock Submitted 09/04/2020 - 3:55pm Hedge funds trading emerging markets strategies face major dispersion in their assets, as the impact of Covid-19 – and the resulting government responses – diverges sharply across different regions and countries. New analysis by Lyxor Asset Management this week pointed to “uneven recovery prospects” across different EM countries and markets following the pandemic, stemming from various factors including differing regional responses to the crisis, business cycles, government support for economies, and reliance on oil markets, among other things.