Wednesday, 23 July 2014
Last updated 13 hours ago
Feb 11 2013 | 9:21am ET
Leopard Capital's Asia Frontier Fund was up 6.0% in January 2013.
The Cayman-domiciled private equity fund was invested in 94 shares, one closed-end fund, one GDR and held 4.6% in cash as of January 31.
During the month, the firm added 10 new Mongolian consumer staple and mining stocks and a Vietnamese steel pipe producer while increasing its existing positions in Bangladesh, Mongolia, Pakistan, Papua New Guinea, Sri Lanka and Vietnam.
The two biggest stock positions are a power producer from Laos (6.2%) and a pharmaceutical company from Bangladesh (5.4%). The countries with the largest asset allocation include Vietnam (18.6%), Sri Lanka (15.6%) and Bangladesh (12.6%). The sectors with the largest allocation of assets are consumer goods (36.4%) and financials (14.3%).
All the country indexes but one in LAFF's universe were positive in January. The exception was Cambodia, which remained flat, while Laos and Vietnam, the best performers, added 18.0% and 16.0%, respectively.
The Leopard Capital Asia Frontier Fund, founded in April 2012, returned 0.15% last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…