The FMG (EU) Combo Fund finished the year with a strong fourth quarter with a gain of +3.4% and completed its best year ever with a +18% gain. Strong demand for global and emerging market equities helped generate the record year. Emerging Markets accounted for 51% of...
The Shanghai Composite Index was up +14% in 2017 and it was once again firmly on investors’ radars for all the right reasons. China, the world’s second-largest economy, produced GDP growth of 6.9% for 2017, which is an impressive number. This coupled with low...
In 2017 the Listed Private Equity Fund rose significantly, resulting in an annual performance of +16%. The fund reported a significant value increase for the sixth year in a row. Also in December, the fund developed favorably and achieved an outperformance against the...
In December, the Listed Infrastructure Fund reported an increase in value. For the last month of the year, airport and railway operators were the main contributors to the Fund’s positive performance. Airports had yet another strong month, as passenger growth...
The Vietnam Fund returned +0.0% in December with a NAV of USD 1,854.02, having a return since inception of +85.4%. This represents an annualised return of +16.6% p.a. The December performance of the Ho Chi Minh City VN Index in USD was +3.7% while the Hanoi VH Index...
