Mon, Apr 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging global value fund ventures into Iraq

Wednesday, February 12, 2014

amb
Kevin Martelli
Benedicte Gravrand, Opalesque Geneva for New Managers:

Last year, Kevin Martelli founded Martek Partners, which is the Switzerland, Lausanne-based investment advisory company for a value investment fund called A4 Investments - Martek Partners, which invests globally in public equities and other securities using a long term value approach.

The €10m fund was launched in April 2013 in a relatively challenging environment, because assets are very highly priced and it was difficult to find assets that provided the right margin of safety, Martelli said during the latest Opalesque Geneva Roundtable. For that reason, it has remained more than 70% in cash, so the performance in 2013 was 0%.

The fund manager follows a long-term value approach, and invests in any type of assets, including equities, bonds and derivatives, with absolutely no geographical restrictions.

"We invest globally, that means we consider literally all countries, including emerging as well as frontier markets," Martelli explains. "For example, personally I think one of the best opportunities available today is the Iraqi market, which happens to be one of the cheapest and highest growth markets with very low levels of debt, unlike developed countries. It is not easy to access this market, ......................

To view our full article Click here

Banner
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: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably