Sat, May 30, 2015
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. Opalesque Exclusive: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Icelandís failed banks face a tax that targets the lendersí estates as the government prepares to unveil its plan for exiting capital controls in t

  3. Investing - Nelson Peltzís Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltzís Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltzís Trian Fund Managementís filing, the filler reported decreased stake in the company by -11.05% to 11,03

  4. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

  5. Billionaire hedge fund investor Odey says April 'bloody', has cut risk[more]

    From Reuters/Yahoo.com: Billionaire hedge fund manager Crispin Odey has cut risk and leverage following a stunning 19.3 percent loss in his 3.1 billion euros (2 billion pounds) Odey European Inc fund in April, a letter to investors seen by Reuters showed. Describing the month as "bloody", Odey

 

banner