Quarterly Manager Commentary Q1 2017

Quarterly Manager Commentary Q1 2017 Dear Friends,   We are happy to note that Emerging Markets have once again been at the forefront of the equity market rally, following a very strong 2016. Most of our Funds ended up with positive returns and we remain very...

Bermuda: FMG Africa Fund and FMG New Frontier Fund closure

The investment committee of FMG is moving its focus away from these two Bermuda funds, which would lower their AUM and further increase their running costs. The fund directors thus moved to close the fund. FMG meanwhile offers investors in these two funds the...

Quarterly Manager Commentary Q4 2016

Dear Friends, 2016 was the year which finally vindicated our bullish stance in Emerging Markets. Never since the financial crisis have we been so upbeat on our focus markets, and finally our optimism was translated into real action in the equity markets. EM was a very...

QUARTERLY MANAGER COMMENTARY 2016 Q3

Dear Friends, The third quarter of 2016 continued on a similar path as the previous quarter on a positive trajectory. As we had commented in our previous newsletter, momentum in EM has finally picked up and we are now witnessing double-digit equity market returns for...