Tue, May 22, 2018
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. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven