MNI Indicators: Business sentiment in Russia edges down

By Andrei Skvarsky. A survey by Deutsche Boerse-owned research company MNI Indicators suggests that overall sentiment among Russian businesses was slightly lower in July than in June and their near-term economic outlook had declined significantly but that, just as previous surveys indicated, optimists outnumbered pessimists. Continue Reading

GUEST ARTICLE: A Visual Guide to Colombia’s Surging Economy

By Michael Johnston, senior analyst for All Emerging Markets ( Emerging from a dark history, Colombia has become the economic gem of South America. In the minds of many Americans, Colombia is a lawless country with an economy built around a violent drug trade. In reality, however, Colombia has become a model for economic transformation and is perhaps South… Continue Reading

Asia Frontier Capital Newsletter – Country Snapshot: Vietnam

Since the introduction of market reforms that opened up the country to foreign investment in the late 1980s, Vietnam has become one of the fastest-growing economies in the world, averaging annual GDP growth rates of 7-8% throughout the nineties. Agribusiness production has nearly doubled over the past two decades, transforming Vietnam into one of the… Continue Reading

Duet Group To Launch Emerging European UCITS Fund With Two Former Armajaro Execs

Alternative asset manager Duet Group is launching a new emerging European UCITS fund this month and has recruited two former Armajaro Asset Management executives to run it. Michel Danechi and Kalim Aziz are joining Duet as fund manager and research analyst, respectively, on the Duet Emerging European European Fund. The new vehicle is expected later… Continue Reading

Verde: Foreign Investors Overly Optimistic on Brazil's Economy

In a monthly letter to clients, Brazil’s largest hedge fund, Verde Asset Management, said that foreign investors’ were overly optimistic about its home nation’s economy. Saying that foreign investors’ had “exagerated optimism,” the firm said that the sentiment was “disconnected from medium-term reality.” The fund said cautioned investors about the nation’s financial outlook, and said… Continue Reading

Asian Hedge Fund Assets Hit Record, Top $177 Billion

Assets under management at Asian hedge funds reached a record $177 billion in May, according to new data from Eurekahedge. The tally exceeds the $176 billion managed by funds with an Asia mandate in December 2007, immediately prior the global financial crisis, noted Eurekahedge’s Alexander Mearns in an interview with Bloomberg. The news comes as… Continue Reading

GUEST COMMENT: By the Numbers – China’s Massive Economic Potential

By Michael Johnston. The incredible economic potential of China, with its massive population and surging middle class, can be difficult for U.S. investors to truly appreciate. Most investors are well aware of China’s growing importance to the global economy. Even those without a sophisticated understanding of financial markets generally know that China is a world power, home… Continue Reading

Oceanwood Raises $250M Fund For Bets on European Economic Recovery

Oceanwood Capital Management has raised $250 million in a new hedge fund to capitalize on economic recovery in Europe. Oceanwood has raised the capital from existing investors and plans to have a $350 million final close for the fund in September, according to a Reuters report. The new fund, named Oceanwood Peripheral European Select Opportunities… Continue Reading

Torbjorn Caesar Takes Helm At EM Fund Actis Capital

Torbjorn Caesar has been elected senior partner at emerging markets investment manager Actis Capital. Caesar assumed his new role effective yesterday, according to media reports. He succeeds Paul Fletcher, who has become non-executive chairman of the company. “I would like to thank Paul for the tremendous leadership he has provided to Actis over the past… Continue Reading

Asia Frontier Capital Newsletter – Country Report: Cambodia

After decades of political mismanagement and civil war, Cambodia has recently begun to capitalize on its economic potential. Since adopting free-market economic policies in the 1990’s and increasing its integration within the international community, Cambodia’s economy has flourished. From 1998 to 2007, Cambodia’s GDP growth ranked sixth in the world (9.8%) and fastest in the… Continue Reading

Russian hedge funds surge on oil, rouble gains

Emerging markets hedge funds have benefited from the strong recovery of the Russian Rouble, higher oil prices, lowering of interest rates by the Chinese Central Bank, and a surge in trading volume on the Shanghai-Hong Kong Stock Connect program.  As a result of these, hedge funds investing in Russia and China posted strong gains in… Continue Reading

Pelham Capital's Martin Starting New Long/Short Fund

Daniel Martin is planning to launch a new long/short hedge fund based in London. The new effort, named Rye Bay Capital, will take long and short positions in a number of instruments across a variety of industries, according to a Bloomberg report. The new fund will reportedly launch in the fourth quarter of this year.… Continue Reading

Wong to Launch Long/Short Asian Equity Fund

Former TPG-Axon partner Wesley Wong is prepping an Asian-themed long/short equity fund for a third-quarter 2015 launch. Wong’s Oxbow Capital Management (HK) is reportedly in advanced discussions with Reservoir Capital Management regarding a $150 million stake, according to a Bloomberg report citing unnamed sources. It would be Reservoir’s first seed investment in an Asian-based startup,… Continue Reading

GSAM Launches Global Long/Short Equity UCITS Sub-Fund

Goldman Sachs Asset Management is offering a new high-conviction global equity portfolio to European clients. Managed by the company’s Goldman Sachs Investment Strategies team (GSIS), the Global Equity Long Short Portfolio is based on a fundamental, bottom-up approach and structured as a new sub-fund of the firm’s UCITS-compliant, Luxembourg-domiciled Goldman Sachs Funds SICAV, according to… Continue Reading