EM Fund Stock Recommendations and Country Commentary (May 12, 2024)
As of mid-May, more April information materials and studies are available.
📈 AFC Asia Frontier Fund‘S You can check out our April newsletter (detailed economy and portfolio) to discuss or comment. Kazakh Fintech – Super App Caspian (theory: 80TE / at: KKS); Vietnam IT services stocks FPT Co., Ltd. (hose: FPT)port operator Gemadeb (hose: GMD)luxury car dealer Hang Xanh Motors Service JSC (hose: hacking); Bangladesh generic drug inventory Beximco Pharmaceutical (DSE: BXPH / Ron: BXP / at: R2WA) Branded generic pharmaceutical company Square constraints (DSE: SQPH); sri lanka bank Commercial Bank of Ceylon PLC (CSE: comb / COMBt) and hatton national bank (CSE: CNB / HNBt); Other Frontier Markets Stocks:
AFC Iraq Fund and AFC Asia Frontier Fund outperform global markets – Updated April 2024 – Yields rose broadly again in April, led by Iraq, Mongolia, Sri Lanka, Pakistan, Cambodia and Georgia. Negative performance contributors this month were Bangladesh, Vietnam, Kazakhstan and Uzbekistan.
🇻🇳 AFC Vietnam Fund‘S april The newsletter mentioned or discussed several Vietnamese stocks, USD strength, VN-Index, anti-corruption campaigns and market rumors, exports and consumer sectors.
🇺🇿 AFC Uzbekistan Fund‘S april Our newsletter provides capital markets updates. Tashkent Stock Exchange a little bit “Walled Garden” It suffers from having few international connections. However, once these bottlenecks are addressed through the approved legislation, we expect this to be the catalyst for the next rating reassessment. income Kyzylkum cement (this: QZSM)It is Korea’s second largest cement producer and Uzbek Commodity Exchange (this: wurtz) It was also briefly covered.
🇺🇿 pyramid and tower also Here’s an interesting podcast. The AFC fund is probably the only way for professional investors to access the Uzbekistan market. Right now: Ep 7. Uzbekistan – emerge from the shadows of obscurity and onto investors’ radars (1:02:25 hours) – Scott Osheroff, CIO, Asia Frontier Capital AFC Uzbekistan Fund It tells you about a booming stock market, bold reforms, and easy access for individual investors.
🇵instagram AFC Ruchir Desai moderated this webinar with: KTrade Securities: Frontier Market Investment Environment and Pakistan Outlook | Webinar | With Ruchir Desai (52:07 minutes)
🇮🇶 AFC Iraq Fund‘S april In our newsletter (Economics and Portfolios) we mentioned how the Iraqi stock market rose during the recent Israel-Iran conflict.
abrdn Some common emerging market segments include:
as follows Asia-focused fund We have a new fact sheet, commentary, research piece, podcast or webinar that might be of interest to Asian investors.
