Saturday, 27 December 2014
Last updated 2 days ago
Sep 26 2012 | 8:42am ET
Leopard Capital’s Asia Frontier Fund was up 0.9% after fees in August 2012, thanks, in part, to the strong performance of four of its Pakistani investments.
In its monthly newsletter, the Cayman-domiciled private equity firm says the four Pakistani companies—in the consumer staple, cement and power sectors—reported double-digit earnings, benefiting in part from robust growth in the overall Pakistani economy.
The firm also did well with its Vietnamese investments in August, despite the 4.5% tumble of the Ho Chi Minh Stock Exchange following the arrest of two senior Asia Commercial Bank officials.
Despite its August gains, however, the fund remains down 6.4% year to date.
As of August 31, LAFF was invested in 72 shares, one closed-ended fund, one GDR and held 3.7% in cash. During the reporting month, the fund bought seven new Vietnamese stocks, two Pakistani stocks, two Sri Lankan stocks and sold one Pakistani automobile wholesaler/assembler at a profit of 6%
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.