We have over the past few quarters informed of positive key development in Iraq and the fact that this had not been reflected in the stock market through rising share prices. In the first quarter of 2018, we finally did see investors returning to the market and the...
After a strong 2017 for equities, the market has retreated in the first 3 months of 2018. India is ranked the 7th largest economy in the world by the IMF for 2018 and well positioned to get to number 5 by overtaking Germany and the UK. With GDP growth forecast at 7.4%...
After a strong start in January, when the fund was up almost 5%, the following two month’s correction in the global markets hurt the portfolio. The fund has a 50/50 mix of emerging markets equity vs developed markets. The best performing part of the portfolio was...
China released first-quarter GDP numbers of 6.8%, very impressive for the world’s second-largest economy. Strong domestic consumption, accounting for almost 80% of GDP. Remember before, the GDP growth numbers were government initiated projects, now the strong consumer...
The Asia Frontier Fund USD A-shares declined -1.5% in March 2018. The fund underperformed the MSCI Frontier Markets Asia Net Total Return USD Index (+5.2%) and the MSCI Frontier Markets Net Total Return USD Index (+0.9%), but outperformed the MSCI World Net Total...
