The MSCI China index is now trading at a P/E of 10.2 for 2020 with earnings for this year of over 20%. The on-going trade war explains the difference. The A share factor in the MSCI index doubled from 5% to 10% by end May and this brings the A share weight in the...
In the third quarter the Iraqi market, as measured by the Rabee Index, decreased by 4.6% which was similar to developing market indices. The Iraqi Dinar was stable while the price of Brent dropped 7%. Market volumes remained sluggish as the market was trading near its...
The Vietnam Fund returned +1.2 % in July with a NAV of USD 1,836.89, bringing the return since inception to +83.7%. This represents an annualized return of +11.5% p.a. The Ho Chi Minh City VN Index in USD gained +4.8%, while the Hanoi VH Index added +1.3% (in USD...
The Asia Frontier Fund USD A-shares declined −0.1% in July 2019 with a NAV of 1,307.85. The fund outperformed the AFC Frontier Asia Adjusted Index (−1.4%) but underperformed the MSCI Frontier Markets Asia Net Total Return USD Index (+2.9%), the MSCI Frontier Markets...
In June, the Partners Group Listed Investments SICAV – Listed Infrastructure increased in value and performed in line with global equity markets after the outperformance last month. Global markets recovered after the US Fed and the ECB resorted to a more dovish...
