In December, the Fund turned in a stellar performance of +9.38%. The Fund’s portfolio outstripped by some 30% all the salient indices, such as MSCI EME Index, which only appreciated […]
Read MoreIn October, the Fund had a slightly negative performance of 1.85%, having gained almost +2% intra-month and been affected by a global sell-off in the last week of the month […]
Read MoreIn September, the Fund recorded a positive performance of +2.13%, after positioning its investment portfolio in August for an anticipated QE3 announcement the following month, although it gave up some […]
Read MoreIn August, the Fund had a slightly negative performance of 2.5%, after positioning itself for a QE3 announcement of then unknown timing. The Fund’s overall constructive positioning, however, was of […]
Read MoreIn July, the Fund gained fractionally +0.38%, and, in fact, delivered on the Investment Advisor’s promise to meaningfully decrease volatility. Here are the weekly returns since the Fund’s portfolio was […]
Read MoreIn June the Fund gained fractionally +0.42%, and, in fact, started delivering on the Investment Advisor’s promise to meaningfully decrease volatility. Here is the most up-to-date example of weekly returns […]
Read More+100% for the Russian market in 24 months – how? In May the Fund lost 21.98%, slightly more than its benchmark, the MSCI Emerging Markets Europe Index, which fell by […]
Read MoreIan Pryde’s article “Will Putin 2.0 mean a return to the prosperity of the 2000s?” was reposted today by www.emergingmarkets.me. The piece was originally written for Russia Beyond the Headlines […]
Read More“Let’s Worry About Everything” – the title of a report to clients, Jim O’Neill, chairman of Goldman Sachs Asset Management. The large sell off which ended September “felt rather surreal […]
Read MoreMemories are fresh – 2008 redux? Most likely no, but August 2011 was the 4th worst month ever in the history of hedge fund industry worldwide. The massive global sell‐off […]
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