FMG (EU) Rising 6 Fund lost 3.8% in the 2nd Quarter of 2017 The FMG Rising 6 Fund had a disappointing second quarter in 2017, but still ended the first half of the year in positive territory. The general upward trend in Emerging Markets continued, with most markets...
FMG (EU) Rising 3 Fund gained 0.2% in the 2nd Quarter of 2017 The FMG Rising 3 Fund had a flat second quarter in 2017, thereby ending the first half of the year up 5.9%. The general upward trend in Emerging Markets continued, with most markets rallying as we continued...
FMG Mongolia Fund lost 7.2% in the 2nd Quarter of 2017 The MSE slowly inched higher through the quarter. On a stock level though, volatility was high with performance discrepancy. The fund performance was boosted by exposure to local mining stocks and a bakery. The...
FMG (EU) MENA Fund gained 4.1% in the 2nd Quarter of 2017 Despite the price of Brent being in deep negative territory in 2017, the MENA markets have proven resilient. In fact, our technical models still confirm a bullish trend. The only sizeable stock market in the...
FMG Iraq Fund lost 9.4% in the 2nd Quarter of 2017 Despite the progress made against ISIS, the stock market retraced the gains clocked in the first quarter of the year. Volumes were dull, and foreign participation high but mostly on the selling side, especially in the...
