Wed, Apr 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach

Monday, July 28, 2014

amb
Dominic Bokor-Ingram
Benedicte Gravrand, Opalesque Geneva:

Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by Charlemagne Capital, a London-based independent specialist fund house established in 2000. Their newest fund is the Oaks UCITS Fund which was launched in September 2013. The offshore Fund which is the Oaks Global Opportunities Fund was launched in November 09; It has annualized 8% since then (till end-May) with a volatility of 8%.

Stefan Bottcher and Dominic Bokor Ingram are the co-portfolio advisers of this fund. They have both invested in emerging markets since the early 1990s. In this conversation, Dominic Bokor Ingram gives us some insight into how the funds manage to navigate such risky markets as frontier markets.

IN this context, the MSCI EFM (Emerging + Frontier Markets) Index is up 8% YTD (to Jul.25th) and up 9.5% in the last 10 years, and the Emerging Markets index is up 7.5% YTD (9.8% last 10 years).

Opalesque: How do you find opportunities?

Dominic Bokor-Ingram: Both Stefan and I, who are the portfolio managers, have been involved in emerging markets for about 24 years. There are very few people in emerging markets who don’t know us and who don’t bring us opportunity when they arise.

In addition, we spend exte......................

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner