ABOUT

 

FMG – Fund Management Group is a pioneer and specialist in emerging and frontier market investments using both the multi and single-managed approach to diversify investment risk. FMG has been investing in these markets since 1989 and has a team of investment professionals who travel extensively to identify investment opportunities. We offer our clients extensive experience, disciplined risk management and dynamic investment solutions. FMG is a privately held investment management company based in Malta and Bermuda. Our investors are high net worth individuals and institutional investors from all continents across the globe. FMG offers investors an efficient approach to investing in the world’s most exciting equity markets and we have been rated by Morningstar and Barclay as the top performers in multiple categories.

HISTORY

Russian Federation Fund

FMG Rising 3 Fund

FMG MENA Fund

FMG Africa Fund

FMG Iraq Fund

FMG Rising 6 Fund

FMG Mongolia Fund

FMG New Frontiers Fund

INVESTMENT STYLE

FMG utilizes a comprehensive system of quantitative and qualitative analytics to identify investment opportunities throughout Emerging Markets. Since our founding in 1989, our investment management team has traveled extensively throughout the emerging markets, and our relationships and contacts in many of these countries are unparalleled. We invest our clients and our own capital diligently, with long term horizons, and are always in search of predicable high growth investments but only at reasonable prices. Our disciplined risk management process is strenuously applied across all our portfolios. Our managers selection process entails rigorous screening and due diligence, with allocations awarded only to seasoned and successful local investment managers with significant expertise in their given region. Our managers aggregate risk exposures are continually monitored. The FMG Investment Committee strictly over sees limits on country level risk and the portfolio risk management process. Our research and investment process is committed to using a diversified portfolio of proven investment styles to generate strong risk-adjusted returns.

 

INVESTMENT ADVANTAGES

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Efficient access to the world’s fastest growing and most exciting Emerging Markets

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Diversification by investing with multiple managers with different investment styles

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Experienced investment committee with a world wide network since 25 years

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New innovative investment funds in emerging and frontier markets

PEOPLE

 

We at FMG are a team of professionals many of which have worked together for over a decade. The senior staff members alone have accumulated over a hundred years of experience within the investment management industry. Our staff is well trained in the many facets of the investment management business and will always endeavor to recognize the needs of our clients.
Johan G. Kahm

Johan G. Kahm

Principal

Johan was born in Sweden. He worked as an analyst at Alfred Berg Fondkommision an investment bank in Stockholm between 1968 – 74. He later moved to Dominick & Dominick in New York and worked in stock broking for two years. In 1976 Johan founded International Forecasting Corporation (IFC) a systematic investment management company focusing on foreign exchange and bond trading. In 1989 he co-founded FMG and has since been responsible for product and business development.

Fredrik Edensvärd

Fredrik Edensvärd

Group Marketing Director

Fredrik has over 15 years experience in marketing and business development within the finance industry. His career began as a stock broker at the Swedish Insurance Company Skandia. In 2002 he joined FMG as marketing manager responsible for developing the marketing strategy within Sweden and neighboring countries. In 2007 he was made Marketing Director for the FMG Group. He is currently responsible for developing and managing key marketing initiatives, distribution channels, client relations and marketing materials.

Paul Magro

Paul Magro

Risk Manager

Paul was born in Australia, though spent much of his adult life in Malta. He joined RiskCap International Ltd. after completing his PhD in Finance where he focused his research on hedge fund performance. Paul received his MSc in Finance and a B.Com (Hons) in Banking and Finance from the Universities of Bangor and Malta respectively. He is also a visiting lecturer at the University of Malta’s Banking and Finance department. Paul is responsible for risk management and quantitative research and is a paid risk management consultant to FMG.

Ronn Henry

Ronn Henry

Senior Analyst

Ronn obtained his B.A. in Economics from Fairfield University in the U.S. and completed additional coursework at MIT. Formerly, he interned at Deutsche Bank and worked for a high yield debt and equity investment management firm. There, he focused on unique equity and credit opportunities including non-traditional debt, distressed equity and OTC traded mortgage notes. Ronn has additionally completed empirical research work and presented at the 39th Annual Eastern Economic Conference in NY

Joanna Grezlikowska

Joanna Grezlikowska

Sales Assistant

Joanna was born in Poland and graduated from The Eugeniusz Piasecki University School of Physical Education in Poznan with a Master in Tourism and Recreation. She brings with her experience from both the advertising industry, where she developed great skills in market communication, but also several years from the travel industry. Joanna moved to Malta in 2015 and joined FMG in June 2016 as a Sales Assistant. She is part of our sales team supporting in marketing initiatives with certain focus on maintaining, supporting and growing distribution and client relations.

Arild Johansen

Arild Johansen

Investment Committee Member

Arild is based in Norway, however spent much of his life in the U.S. He received his degrees from the University of Wyoming in finance and business administration. He started his career as a research analyst with Caldor, a retail chain. He then joined FMG in 1992 as chief analyst, responsible for identifying top-quality fund managers. Today Arild is part of the team responsible for sourcing new managers, identifying strategic global macro investments, and monitoring existing managers and portfolios.

Karl Tonna

Karl Tonna

Chief Investment Officer

After graduating from the University of Malta with a B.Com (Hons). degree in Banking and Finance in 2006, Karl started his career with Middlesea Valletta Life, the largest life assurance company in Malta, where he managed the cash, liquidity and foreign exchange desk. He then moved on to work for a top local broker where he was responsible for trading and research analysis of various securities. After a brief stint working as a treasury analyst at a local bank, he joined SphereInvest, a specialist fixed income manager. Here he co-managed a fund focusing on high yield bonds and was also responsible for the trading and credit analysis for the fund. In 2015 Karl joined FMG and acts as the Group’s Chief Investment Officer. Karl is a CFA Level 3 candidate.

Reuben Brimmer

Reuben Brimmer

Senior Operations Manager

Reuben has two decades experience working in finance and operations. He started with Deloitte, and earned a BA (Hons) Accountancy degree in 1996 from the University of Malta.  He joined Corinthia Hotels International in 2000 prior to helping Computime design a group financial system for them. Reuben spent seven years at Computime on business systems for EMEA clients, mostly in the finance, telecoms and oil industries. He meanwhile received a BSc (Hons) in Computing & Information Systems from the University of London. Reuben was recently CFO/COO with e-gaming and online FX brokerage operations, prior to joining FMG in 2011. Reuben is currently head of operations.

Henrik Kahm

Henrik Kahm

Investment Analyst

Henrik joined FMG in 2006 after graduating from Lund University, School of Economics and Management in Sweden, with an MS degree in Business and Economics. He spent his first 5 years at FMG working at the Dubai office. There he was responsible for the Africa, Middle East and North Africa (MENA) regions. Today he is located in the Swedish office and focuses his efforts on research activities and investment portfolio monitoring within emerging and frontier markets.

You?

You?

We are continually looking for motivated professionals to complement our team. The entrepreneurial environment at FMG is dynamic and challenging, and each individual is encouraged to achieve their maximum potential supported by their colleagues. We recognize individual contribution and provide opportunities for advancement, professional growth and reward. If you believe you share our values, send us your CV at web@fmgfunds.com

 Gunnar Christian Detlie

Gunnar Christian Detlie

Group Chief Operating Officer

Gunnar is based in Norway and received his undergraduate degree, a BSc in Economics, from the Norwegian Business School. He later attained a Master of Philosophy in International Finance, from the University of Glasgow. From 1998 – 2000 he worked with Avanse Forvaltning AS (now DNB Asset Management), one of the largest asset managers in Norway. In 2000 he joined and was later appointed Head of Trading at E*TRADE Norway ASA. In 2002 Gunnar joined FMG, and today overseas group operations along with new business development.

Erik Nelson

Erik Nelson

Group Head of Sales

Erik was born in the U.S. and initially joined FMG in the U.S. in 2006. He graduated from the University of Colorado at Boulder with a B.A. in Sociology and a CUBIC Business Degree. Erik was part of the FMG investment team, working as an analyst on several FMG funds and focused on areas such as market research, portfolio optimization and due diligence.  In 2008 he moved to Malta to open the new FMG European headquarters, acting as General Manager & Investment Analyst. In 2012, Erik began focusing entirely on sales and distribution, specifically in Europe, the Middle East & Africa.

Samuel Azzopardi

Samuel Azzopardi

Director of Legal and Compliance

Samuel studied at the University of Malta and at the Universita` degli Studi di Verona in Italy and graduated as Doctor of Law in 2006. He was admitted to the bar in 2007 and also received a Masters of Arts in Financial Services in 2008. Before joining FMG in 2014 Samuel led a successful legal office focusing on corporate and financial services. He heads the legal and compliance department of FMG, managing legal and regulatory matters. He is also a member of the Chamber of Advocates (Malta).

Mark Mallia

Mark Mallia

Senior Relationship Manager

Prior to joining FMG in June 2010, Mark worked in customer service, marketing and brokerage roles at both HSBC and Global Capital in Malta, amongst others. He is CeFA qualified and has just completed a BSc from the London School of Economics & Political Science. Mark currently focuses on backoffice, investor relations and marketing assistance, whilst also assisting the investment committee from time to time.

Arantxa Rossey

Arantxa Rossey

Office Manager

Born in Belgium and having lived in many countries within Africa and Europe, Arantxa started her career in Oman and later Singapore, where she worked in the hospitality and accounting industries. Her last role was Administration and Operations Manager at Money Matters for Expats, in Singapore. She joined FMG in 2012 and is responsible for administration and marketing support.

MEDIA

 

September 13, 2015

“Asia EM equities seen bouncing along bottom as uncertainty reigns”

 

January 10, 2012

“Malta Lures Hedge Funds With 300 Days of Sunshine”

 

February 7, 2015

“Oil price decline blessing in disguise for Iraqi stock market”

 

March 7, 2014

“Investing in Iraq: a frontier too far?”

 

September 04, 2015

“FMG sees persistent volatility in its ‘Rising 6’ markets”

March 5, 2013

“Malta has enjoyed a surge in popularity among financial services companies”

July 22, 2015

“View from the buyside: Time to get back into China A shares, says FMG”

September 6, 2011

“Investing in Iraq: Ingenious or Insane?”