Mon, Sep 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Silk Road launches hedge fund to focus on Myanmar, Mongolia and Mozambique

Tuesday, August 21, 2012

amb
Alisher Ali
From Komfie Manalo, Opalesque Asia:

Investment management firm Silk Road Management announced the launch of its newest hedge fund, the Silk Road M3 Fund that will focus on the so-called M3 resource-rich countries of Myanmar, Mongolia, and Mozambique. Silk Road M3 Fund is an open-ended fund seeking to generate positive returns by gaining early exposure to the world's fastest growing economies.

According to the firm, the fund would primarily invest in equities of internationally listed companies with assets and operations in these three countries as well as high yield fixed income and local currency instruments.

Alisher Ali, Managing Partner of Silk Road Management commented in a statement, "We are proud of developing the M3 concept as innovative investment theme for frontier markets investors. Myanmar , Mongolia and Mozambique share some striking similarities and we are confident that their economies will be among the world's fastest growing in the next decade and offer outstanding opportunities for investors. Our M3 Fund is the world's first investment product offering investors an early, diversified portfolio exposure to these three resource-rich frontier markets".

In a recent interview in CNBC, Ali explained the reasons for ch......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  2. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  3. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  4. Hedge funds saw four consecutive months of outflows in August, but assets still up by $17.6bn YTD[more]

    Komfie Manalo, Opalesque Asia: Hedge funds witnessed four consecutive months of outflows with investor redemptions totaling $23.8bn as of end of August, data provider Eurekahedge said in its monthly report. But total hedge fund assets grew by

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat