In May, the Fund’s NAV jumped +13.23% and easily outperformed its salient benchmark by 205 basis points after the MSCI EME Index only rose by 11.17%. The Investment Advisor is pleased to report that in May 2014, the firm’s total assets under management (“AUM”) once again reached US$238 million, exactly…
Read MoreThe “Crimea” Edition: “Russia and asset prices go South” In March, the Fund’s portfolio lost ground and NAV dropped 16.25%. However, for a geopolitical event of this magnitude, this result was painful but predictable – what else could be expected of a long-biased portfolio, constructed with a long-term view to…
Read MoreThe “Shattered Hopes Edition: Russia gets even cheaper” In February, the Fund was able to outperform the continued collapse of the Russian stock market. While in January the RTS Index dropped 9.99% and the MSCI Russia Index tumbled 10.12%, February brought no relief. The RTS Index fell by another 2.59%…
Read MoreIan Pryde, Founder & CEO of Eurasia Strategy & Communications, is to present a seminar at the Canada-Eurasia-Russia Business Association (CERBA): “Russia’s Future Prospects & Russia in Comparison with Emerging Markets of the CIS, Africa, Latin America and Asia”. Ian will cover topics such as Russia’s “catch up with West”…
Read MoreSir, The BBC may well have lost its risk appetite since the halcyon days of the late 1960s and early 1970s, but Peter Aspden’s characterisation of Kenneth Clark as “western-centric” and as much a “relic as the subjects of his learned, but dated discourse” is rather unfair (“Civilisation has evolved…
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