FMG (EU) China Fund lost 7.5% in the 3rd Quarter

The quarter ended roughly for China during the last week of September, a further escalation of the trade conflict between China and the US, which resulted in the third imposed 10% tariff on US$ 200 billion worth of Chinese goods took effect. Like any trade war, the...

FMG (EU) China Fund lost 7.7% in the 2nd Quarter

Chinese equities suffered from a mix of events during the second quarter that has resulted in downward pressure and market weakness. In June alone, we saw the currency (RMB) depreciate by almost 4% vs the US dollar and the market lost 8% during this month alone....

FMG (EU) China Fund gained +2.2% in the 1st Quarter

China released first-quarter GDP numbers of 6.8%, very impressive for the world’s second-largest economy. Strong domestic consumption, accounting for almost 80% of GDP. Remember before, the GDP growth numbers were government initiated projects, now the strong consumer...

FMG (EU) China Fund gained +7.1% in the 4th Quarter and +25.4% in 2017

The Shanghai Composite Index was up +14% in 2017 and it was once again firmly on investors’ radars for all the right reasons. China, the world’s second-largest economy, produced GDP growth of 6.9% for 2017, which is an impressive number. This coupled with low...

FMG (EU) China Fund gained +6.4% in the 3nd Quarter of 2017

FMG (EU) China Fund gained +6.4% in the 3nd Quarter of 2017 It was a strong quarter for Chinese equities despite a flat month of September. Some macro factors towards the end of the quarter signalled slightly higher inflation (+1.8%) and a seasonal slowdown in...

FMG (EU) China Fund gained +6.8% in the 2nd Quarter of 2017

FMG (EU) China Fund gained 6.8% in the 2nd Quarter of 2017 A Shares in China gained 2.2% (MSCI China A) during the quarter, but lagged both the Hong Kong shares and emerging markets in general. During the quarter, the regulator introduced tougher measures targeting...
Social media & sharing icons powered by UltimatelySocial