FMG Readies Long-Only Emerging Markets Fund

Nov 9 2012 | 10:40am ET

Hedge fund Fund Management Group will ring in the new year with a new emerging-markets long-only fund.

FMG, which has been investing in emerging markets for more than two decades, said the New Frontiers Fund will invest in stocks and bonds in Africa, Asia, Latin America and the Middle East. It will employ a top-down analytical approach and use asset rotation and market-timing, HedgeCo.net reports.

"Frontier markets represent 40% of the world's population but only 15% of the world's GDP, only 3.6% of the world's stock-market capitalization and only a miniscule 0.5% of the MSCI World Index," FMG explained.

The new fund is set to debut on Jan. 1.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.