The Iraq Stock Exchange (ISX) had a tough quarter with the market moving lower with low volatility and on paltry volumes. But there the negative ends. All the rest is looking good. Iraq´s economy is improving, the country is mostly rid of terrorism and a new and good...
The price of oil has increased 23% this year while the Indian currency, the rupee, has lost 14%. The combined effect has hit the economy hard. India’s monthly goods and service tax (GST) collections have been a bit below the budgeted expectations and have left little...
Emerging markets equities continued to suffer under pressure during the quarter. There have been tough trade talks that took another step in the ‘wrong direction’ for investors, as the White House threatened another US$ 200 billions of sanctions on goods from China...
The quarter ended roughly for China during the last week of September, a further escalation of the trade conflict between China and the US, which resulted in the third imposed 10% tariff on US$ 200 billion worth of Chinese goods took effect. Like any trade war, the...
Dear Investor, RE: Emerging Manager Platform Ltd. – FMG Mongolia Fund Sub-Fund (the “Sub-Fund”) I am writing on behalf of the directors of the Emerging Manager Platform Ltd. in relation to the abovenamed Sub-Fund. Following consultation with the...