FMG (EU) India Opportunity Fund lost 6.2% in the 3rd Quarter

The price of oil has increased 23% this year while the Indian currency, the rupee, has lost 14%. The combined effect has hit the economy hard. India’s monthly goods and service tax (GST) collections have been a bit below the budgeted expectations and have left little...

FMG (EU) India Opportunity Fund lost 3.1% in the 2nd Quarter

Despite the weakness seen in the stock market, we are witnessing the benefits of strong policy measures implemented in previous quarters like demonetization and the goods and service tax with the fastest growing major economy in the world.  GDP growth is an amazing...

FMG (EU) India Opportunity Fund lost 5.8% in the 1st Quarter

After a strong 2017 for equities, the market has retreated in the first 3 months of 2018. India is ranked the 7th largest economy in the world by the IMF for 2018 and well positioned to get to number 5 by overtaking Germany and the UK. With GDP growth forecast at 7.4%...

FMG (EU) India Opportunity Fund gained +2.9% in the 3rd Quarter of 2017

FMG (EU) India Opportunity Fund gained +2.9% in the 3rd Quarter of 2017 India has been among the best-performing markets globally with stocks up over 20% so far in 2017, helped by a weakening USD, modest inflation, historically attractive interest rates and a stable...