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......................
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