Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Galloway Global Emerging Markets High Yield Fund up 12.76% YTD as at end November

Tuesday, December 11, 2012

From Komfie Manalo, Opalesque Asia:

Emerging markets investment boutique focused on active fixed income high yield strategies Galloway Global Emerging Markets Fixed Income Fund, managed by Galloway Capital Management, closed November up 12.76 year-to-date (-0.67% last month). Since inception in May 2009, the fund was up 52.46%.

The fund actually opened 2012 on a strong note and closed January up 5.40%, its strongest monthly finish this year. The fund was down -0.17% in March and -4.41% in May. The rest of the year, Galloway Global Emerging fund was on positive territory, 2,09% in February, 0.87% in April, 3.43% in June, 2.55% in July, 1.38% in August, 1.78% September, and 0.15% October in October.

In its Galloway Capital Management, monthly report to its investors, Galloway said the firm increased its allocation to Mexico from 14.5% to 17.8% this December, bringing it to the top of their country breakdown list.

The report added, "It’s worth mentioning Grupo Kuo, which tendered its 2017 notes and issued a new 2022, taking advantage of the liquidity in international markets and the general positive expectations (which we share) for the Mexican economy; it followed issuances by two other Mexican chemical companies, Mexichem and Alpek. Kuo now has three main operating divisions—chemicals, consumer goods, and automotive. Its chemical division contribu......................

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner