Story perspectives

2025 Sees ETF Surge Amid Weak Dollar and Hedge Fund Recovery

9/11/2025

26 4

Summary

Story summary

The ETF market is thriving in 2025, highlighted by the Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD), which has gained 11.72% YTD.
NEMD benefits from a weak U.S. dollar, reducing financing costs for dollar-denominated emerging market debt.
Emerging-market bond funds outperform other fixed-income categories this year, as reported by Morningstar.
Brazil's hedge funds show signs of recovery, with the Anbima Hedge Fund Index up 9.9% in 2025.
High-net-worth families are withdrawing from hedge funds due to tax changes and performance issues.

1 of 1

Story summary

The ETF market is thriving in 2025, highlighted by the Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD), which has gained 11.72% YTD.
NEMD benefits from a weak U.S. dollar, reducing financing costs for dollar-denominated emerging market debt.
Emerging-market bond funds outperform other fixed-income categories this year, as reported by Morningstar.
Brazil's hedge funds show signs of recovery, with the Anbima Hedge Fund Index up 9.9% in 2025.
High-net-worth families are withdrawing from hedge funds due to tax changes and performance issues.