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…
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The “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…
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The “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%…
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Ian 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”…
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Sir, 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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