Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Out of this world: Origo plans landmark Mongolia fund

Out of this world: Origo plans landmark Mongolia fund

A specialist investment fund is being launched by Origo to capture investment opportunities in Mongolia.

In the first half of 2011 Mongolia grew 14.1%, making it one of the fastest expanding markets in the world as time when more sophisticated markets struggled amid a range of headwinds.

Origo's MSE Liquidity Fund will, for the first time, offer investors direct exposure to the Mongolian Stock Exchange through investments primarily in the top 10 traded companies listed on the exchange.

Mongolia's stock exchange was the world's best performing equity market last year, having risen 174%.

Origo already invests in Mongolia, with its investments in Kincora Copper and Gobi Coal & Energy, up 6.2x and 3.6x from cost, respectively, as well as holding other Mongolian private investments.

The firm is expected to partially seed its new venture at launch.  The vehicle will sit alongside the China Clean Tech fund, a traditional private equity fund denominated in renminbi, in the Origo suite.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter