Foreign investors have been fearful this year given negative events from the US towards key emerging markets. Several rate hikes in the USA has resulted in a strong dollar, which is typically negative news for most emerging markets. The disconnect among foreign...
Emerging markets were negatively affected by talk of trade war and sanctions. In Russia, President Putin was inaugurated into his new six-year term during the quarter. Announced reforms of increase in the pension age, long-term increase in spending on infrastructure,...
The Fund posted a loss of less than 1% during the quarter. It was huge discrepancies between the Fund’s various holdings from down almost 5 to up over 11 %. India saw profit taking during the quarter after a strong 2017. In China, we have two allocations, one to the...
The FMG Rising 6 Fund gained a modest 3% in the fourth quarter. Emerging Market equities’ good momentum continued, fuelled by the favourable macro picture throughout emerging markets. The best performance during the quarter came from our India manager with a gain of...
FMG Rising 6 Fund gained +5.2% in the 3rd Quarter of 2017 The FMG Rising 6 Fund had a good quarter. Emerging Market equities maintained good momentum driven by a favourable macro picture like strong economic growth, benign inflation along with low interest rates and...
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...
