FondsAnbieter-Charlemagne Capital: Magna New Frontiers Fund.

21. Dezember 2012 von um 09:30 Uhr
Wie beurteilen FondsAnbieter ihre Anlagerreigionen ? Wie fällt die Analyse der Kapitalanlagegesellschaften (KAG) über Fundamentaldaten, Währungen und Kapitalflüsse aus? Informationen direkt aus dem Research Centern der FondsBranche finden SJB FondsBlogger in der Kategorie "Anbieter. Berichten."

Bei der FondsAuswahl zählt die Unabhängigkeit vom Anbieter! FondsAnbieter- Charlemagne Capital: Frontier markets were on balance higher in November as stronger economic newsflow from China buoyed sentiment, though gains were tempered as markets Fortlaufende Nachrichten zur Schulden und Staatskrise.began to focus on the precarious fiscal position of the US following the re-election of President Obama. There were some significant falls in a number of markets however, generally in response to broader themes with company-specific developments often positive. The performance of the Fund was supported by positive developments amongst a number of positions within the portfolio.

Estonian shipping group Tallink was 12% higher after reporting a 22% rise in net income over the year to the third quarter and hinting that it may soon start to pay a dividend. Zambian-based African agriproducer Zambeef, also 12% higher on the month, reported strong full-year results and will soon benefit from the end of a period of heavy capital expenditure that should see the group start to generate cash, also raising the prospect of a resumption of dividend payments in due course. The largest positive contribution to performance during the month however came from a new position in Yoma Strategic Holdings, a Singaporelisted property developer active in Burma, which saw its share price strengthen further on the back of President Obama’s recent trip to the previously isolated country. Such positive developments were however outweighed over the month by a number of temporary setbacks amongst other portfolio holdings. Shares in Chagala, a specialist service provider targeting the Kazakh oil and gas industry, fell 22% on very low turnover despite a substantial new contract with one of the companies developing the giant Kashagan oil field. Bank of Georgia, a leading Georgian bank, lost 13%, depressed by negative sentiment towards the newly-elected government, though its third quarter results were as expected with the bank well on track to meet its 20/20/20 strategy for loan growth, capital adequacy and ROE. There were few changes to the portfolio over the month other than the addition of Yoma Strategic though the Fund did participate in the placement by the European Bank for Reconstruction and Development of the Romanian oil and gas company Petrom, which now enters the portfolio, at a small discount to the prevailing market price. This was matched by a reduction in the portfolio weight of the Romanian SIF 1 Banat-Crisana, investment fund with the portfolio’s exposure to Romania reduced as a result.

Über Carlemagne Capital:

Charlemagne Capital, eine unabhängige Fondsgesellschaft spezialisiert auf Emerging Markets Investments, wurde 2000 gegründet. Sie zeichnet sich durch einen fundamental orientierten Bottom-up Ansatz bei der Aktienselektion aus. Fonds in Deutschland: 10. Verwaltetes Vermögen: 2,33 Mrd. US-Dollar. Zu Umsatz und Gewinn macht die FondsGesellschaft keine Angaben. Anzahl der Mitarbeiter: 70. Geschäftsführer: Michael Baer, Jayne Sutcliffe, Jane Bates, Adrian Jones, James Mellon, Lord Lang of Monkton und Jacob Johan van Duijn, Huw Lloyd Jones.

Kategorien: Anbieter. Berichten.
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