Quarterly Manager Commentary Q3 2017

Dear Friends, Emerging Markets continued to outperform global equity markets and we now have eight months in a row with this trend. In simple terms, investors continue to reduce their exposure to the western stock markets in favour of Asia, Russia, MENA and Latin...

Quarterly Manager Commentary Q2 2017

Quarterly Manager Commentary Q2 2017 Dear Friends, Emerging markets continue to enjoy a strong year. In fact, emerging markets have outperformed the global index every month so far in 2017. Two of the key components benefiting most emerging markets are the weak crude...

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 bullish...

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...