FMG (EU) India Opportunity Fund gained +2.5% in the 2nd Quarter of 2017

FMG (EU) India Opportunity Fund gained 2.5% in the 2nd Quarter of 2017 During the quarter, inflows from domestic investors of $3.1bn outstripped inflows from foreigners of $2.1bn. We are happy to see the enthusiasm by locals for Indian shares and the rising allocation...

FMG (EU) India Fund lost 7.6% in the 4th Quarter and lost 0.3% for 2016

India was one of the worst markets in the last quarter of 2016. The Fund moved in line with the market, thereby erasing all of the gains made throughout the year. In a bold move to fight the huge black market and counterfeit currency, Government of India demonetized...

FMG (EU) India Fund gained +8.7% in the 3rd Quarter

In the third quarter, Indian markets continued on an upward trajectory, registering a 4.6% gain for the quarter and a 6.1% gain on a YTD basis. The major news for the broader Indian economy during the quarter was the passing of the long-heralded Goods and Savings Tax...

FMG (EU) India Opportunity Fund gained 6.5% in the 2nd Quarter

It has been two years since Narendra Modi came to power and has been leading the Indian Government to solve bottleneck issues that can propel the country’s economy forward. The second quarter proved to be one of the busiest periods for the Indian parliament as they...

FMG (EU) India Opportunity Fund lost 3.8% in the 1st Quarter

With the SENSEX down 2%, the Fund under-performed slightly given the intense pressure engulfing Emerging Markets over the past three months. Despite showing resilience, Indian markets still fell in single digit numbers. One of the reasons of this resilience is that...
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