Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Mongolia will show more potential when investment universe expands

Friday, November 23, 2012

Benedicte Gravrand, Opalesque Geneva:

An Opalesque column for macro investors.

Thanks to its extensive mineral wealth, Khan Investment Management , a Singapore-based manager, projects a double-digit annual GDP growth for Mongolia over the next five years. This is in line with expectations from the IMF, the World Bank and the Economist Intelligence Unit.

The rise of Mongolia

Mongolia is a landlocked country in East and Central Asia with a population of around 2.75 million people. It is bordered by Russia to the north and China. Ulan Bator, the capital and largest city, is home to about 45% of the population. Mongolia's political system is a parliamentary republic.

Economic activity in Mongolia used to be based on herding and agriculture, but extensive mineral deposits of copper, coal, molybdenum, tin, tungsten, and gold have since been a driver of industrial production. Mining is 21.8% of GDP and agriculture is 16% of GDP.

GDP, inflation, trade deficit

Its mining sector helped it grow substantially in 2007 and 2008 (9.9% and 8.9%, respectively), but its currency dropped 40% against the U.S. dollar in 2009 due to falls in commodity prices. (The Thomson Reuters/Jeffer......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New