Mon, Jun 27, 2016
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. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s