Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Balkan Emerging Frontiers Fund 10.19% YTD, bets on medium-term investing

Wednesday, August 28, 2013

Precy Dumlao, Opalesque Asia for New Managers:

The Balkan Emerging Frontiers (BEF) Fund was up 1.85% in July (+10.19% YTD) and posted better returns than other mutual funds investing in the Western Balkans regions, the firm said as it celebrate its third year anniversary. Indeed, the fund was established in April 2010, and began investing on August 1st of the same year. Total return within 36 months from the start of investing is 73.39%.

Other funds made 20-30% loss in this period, while BEF Fund generated more than 70% of net income for you, the fund manager said in a monthly investor letter. Practically: 100,000 EUR investment in other Western Balkan mutual funds three years ago would now result in holdings of only 70,000 to 80,000 EUR, while same amount invested in BEF Fund results in 170,000 EUR. Those of you holding the investment in BEF Fund in this period, now have at least 110% (1.7/0.8) or even more than 140% (1.7/0.7) higher value of holdings comparing to those holding their investment in other Western Balkan funds for the last three years, it he added.

According to the manager the two reasons for their good returns are found in the active management quality and the medium-term approach to investing.

Scrambling for short-term results and jumping from trend to trend usually ends miserably. The reasons are many - higher transaction costs, typically higher tax liabilities and most importa......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  3. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  4. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released

  5. Hedge funds gain on Trump market rally, positive U.S. data[more]

    Komfie Manalo, Opalesque Asia: Hedge funds enjoyed meaningful returns in the week ending November 22, with the Lyxor Hedge Fund Index moving up 0.7% over the period (-1.6% YTD). From a broad perspective, all strategies ended the week on a positive note except for CTAs that ended flat. Event d