In October, the broader equity market developed negatively and displayed an increased volatility. The market reacted anxiously to the ongoing tension between the US and China on trades, as well as for geopolitical uncertainties in Italy and “Brexit”....
In October, the Listed Infrastructure Fund increased in value and thus was able to outperform the broader equity market in a negative environment. Brazilian equities, which benefited from the presidential election on 28 October, showed the strongest performance this...
World and Asian Markets generally rebound in November (although these gains have already been lost in early December), with the Hang Seng Index +6.1% (YTD -11.4%), the MSCI Asia ex Japan Index +5.2% (YTD -13.9%), the MSCI AC ASEAN Index +3.2% (YTD -11.0%), and Thai...
The AFC Vietnam Fund returned −2.1% in October with a NAV of USD 1,805.80, bringing the return since inception to +80.6%. This represents an annualised return of +12.9% p.a. The Ho Chi Minh City VN Index in USD lost −10.1%, while the Hanoi VH Index lost −9.5% (in USD...
The Asia Frontier Fund USD A-shares declined −5.5% in October 2018. The fund outperformed the MSCI Frontier Markets Asia Net Total Return USD Index (−7.9%), the AFC Frontier Asia Adjusted Index (−6.4%) and the MSCI World Net Total Return USD Index (−7.3%) but...
