28 Sep 2010
AFMF – Looking to increase exposure to close ended funds
AFMF announced its full year results earlier this week with positive results for the year to June 2010. NAV rose 9.8% as the portfolio’s listed equity holdings making solid gains. On a regional basis Africa, Asian and Latam were the largest contributors to performance. This performance looks all the more impressive considering that the MSCI Frontier Markets Index rose just 0.4%.
16 Aug 2010
Still Bullish on Brazil?
Whilst markets may appear fragile it is "a matter of perception vs. reality" when it comes to Brazil. The big picture has been excellent of late with political stability changing things for Brazil.