Brazil bounce boosts H1 returns at Latam-focused funds
* Brazil, Latin America-focused funds top EM equity rankings
* Chinese equity funds bring up the rear
* EM debt funds benefit from hunt for yield, Fed repricing
* TABLE-Leaders and laggards in H1 2016:
By Claire Milhench
LONDON, July 18 (Reuters) - Top performing Latin America-focused equity funds delivered returns of over 40 percent in the first half of 2016 thanks to a stunning rebound in Brazil, while emerging debt funds are expected to continue to do well in the next six months.
Latin American markets are unlikely to repeat their first half feat in coming months but so far in 2016, Brazil's stocks, bonds and currency are among the world's best performing assets, as the ousting of President Dilma Rousseff encouraged investors to buy into a reform-led turnaround story despite a severe recession.
Brazil or Latin America-focused funds filled eight of the top 10 spots in a league table of EM equity fund performance in the first half, based on data from Lipper.
Three of these funds were among the worst performers in 2015 when Brazil was punished mercilessly. Continuación...