FMG (EU) Rising 3 Fund gained 15% in the 4th Quarter, and 4% for 2020

Russia:  After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number.  Retail investors in Russia have opened a wave of new equity trading...

FMG (EU) India Opportunity Fund gained 23.4% in the 2nd Quarter

India ended the quarter with a strong month of June with a return of over 7%, mainly thanks to retail investors re-entering the market along with foreign inflows. June marked an important decoupling from Western lead out performance earlier in the quarter.  The widely...

FMG (EU) India Opportunity Fund lost 30.3% in the 1st Quarter

The stock market lost 25% in March, the worst month since October 2008. In a land with around 1.3 billion people, the government made the unprecedented move on 25th March to lock down the entire nation for an initial period of three weeks. What a logistical...