The Re-Rating in Asian Frontier Markets Has Begun - July 2023 Update
The ongoing upward re-rating in Asian frontier markets does not surprise us as we have been communicating since the end of 2022 that this would...
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AFC Iraq Fund July 2023 Update: "Market Rallies as It Begins to Discount the Budget's Passage"
The AFC Iraq Fund was up an estimated 8.2%, underperforming its benchmark, the Rabee Securities RSISX USD Index, which was up 9.2%.
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AFC Uzbekistan Fund July 2023 Update
uly saw most of the fund’s portfolio companies complete their filing of annual 2022 results, as well as results for the second quarter of 2023.
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AFC Vietnam Fund July 2023 Report
In July, the Vietnamese stock market received robust backing from local retail investors who were enthused by the positive macro-economic indicators
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Sri Lanka's Stock Market Rallies on an Improving Outlook - June 2023 Update
The country’s macroeconomic position has stabilised, and this is a turnaround story as extremely cheap valuations get re-rated by declining...
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