FMG Rising 6 Fund gained 5.1% in the 1st Quarter of 2017

FMG Rising 6 Fund gained +5.1% in the 1st Quarter of 2017 The FMG Rising 6 Fund had another very strong quarter in Q1 2017, on the back of another strong rally in Emerging Markets. We feel that our view on the cheapness of Emerging Markets as compared to the US and...

FMG Rising 6 Fund gained +4.0% in the 3rd Quarter

Emerging Markets once again rallied in the 3rd quarter, following a very good recovery since the January market rout. Taking a look at the MSCI EM index, we are now trading at the May 2015 price levels, and all the interim losses have since been recovered. It was a...

What Next For Russia?

Main takeaways from our visits to Moscow and St Petersburg Russia remains at the top of the world’s low cost producers of oil (est. cost $4/barrel) and gas thanks to the decline in Ruble and revenue in US $. Given the massive devaluation of the Ruble, Russia is...