Manager Comment March 2018 – Vietnam Fund

The Vietnam Fund returned +0.6% in March with a NAV of USD 1,880.29, bringing the return since inception to +88.0%. This represents an annualised return of +15.9% p.a. The March performance of the Ho Chi Minh City VN Index in USD was +4.4%, while the Hanoi VH Index...

Manager Comment March 2018 – Listed Private Equity Fund

In March, the broad equity market recorded a negative development, which also influenced Listed Private Equity in a negative manner. The alternative asset managers’ shares recorded a negative performance in the reporting month, resulting in a partial loss of...

Manager Comment March 2018 – Listed Infrastructure Fund

In March Listed Infrastructure was influenced by the negative development of the global equity markets. However, the Fund has shown a more stable performance. Equity markets dropped worldwide due to the tense trade relations between the US and China, which especially...

Manager Comment March 2017

Asian Markets saw profit-taking in March holding on to slim YTD gains, with the Hang Seng Index -2.4%, MSCI Asia ex Japan Index -1.6%, MSCI AC ASEAN -2.6%, Thai SET Index -2.1%, with the Mekong Fund +2.3%. With the Fed drawing money out of the market, investors...

Manager Comment February 2017

Asian Markets see-sawed in February, as investors locked in gains and worried about interest rates, with the Hang Seng Index -6.2%, MSCI Asia ex Japan Index -5.0%, MSCI AC ASEAN -1.5%, Thai SET Index -0.2%, Mekong Fund +0.1%. Markets corrected in February, following...