Indian equities gained in September compared to the global equity sell-off as both foreign and domestic investors were net buyers and India reported (in August) its year-over-year Q2 numbers where GDP grew by over 20%. These strong numbers may result in better than...
It was a challenging quarter for China given fears of a potential slowing of China’s economy due to rigorous coronavirus controls, and tight curbs on property after the real estate giant Evergrande ran into trouble and faced potential debt default. This resulted in...
Dear Investor, As at 16th November 2018 the net assets under management of the FMG (EU) Combo Fund (the “SubFund”) stood at circa USD 2.9 million. This follows a number of hard and challenging years for Emerging and Frontier markets, in particular the African, Middle...
Although Russia is less dependent on oil revenue now vs the past, it helps when the price of crude goes up 23% during the first three months of this year. The higher economic activity helps to lift prices for key commodities which Russia benefits from. Russia saw an...
China reported a record 18.3% GDP growth for the first quarter, a record since statistics have been compiled over nearly 30 years. This indicates that China’s economy is flying back to pre-pandemic levels. 2021 marks the first year in the new five year plan where...
