Khan Investment Management to Launch Mongolia Equity Fund
SINGAPORE, July 6, 2011 /PRNewswire/ -- Khan Investment Management (www.khan-management.com) announces the launch of the Khan Mongolia Equity Fund in August to capitalize on the growth opportunities in Mongolia and provide investors with both diversified and liquid exposure to one of the world's most resource rich and fastest growing economies.
"Mongolia is forecast to have the fastest growing economy in the world over the next decade. Growth will be primarily driven by the development of the nation's mining sector, which includes some of the world's largest coal, copper, gold and uranium deposits," said Travis Hamilton, Managing Director of Khan. Prior to founding Khan, Mr. Hamilton was a Director at the Helvetica Group, a boutique asset management and fund management firm with USD3.5 billion under management, which in 2006 launched the first collective investment vehicle, now listed on the London Stock Exchange, to access the Qatar Stock Market.
The Khan Mongolia Equity Fund will invest in companies with significant assets and operations in Mongolia listed internationally and on the Mongolian Stock Exchange, while opportunistically participating in Mongolian initial public offerings. The Fund has partnered with industry leading service providers to achieve its capital growth objectives.
Gordian Capital Singapore Private Ltd, a specialist fund management group offering full service fund management infrastructure and operational support, has been appointed as the Investment Manager of the Fund. Gordian operates a number of funds with total assets under management in excess of USD 300 million.
Monet Capital, a leading investment banking firm based in Ulaanbaatar with a seat on the Mongolian Stock Exchange, has been appointed as chief Investment Advisor. As more Mongolian companies offer their shares to the public Monet is well placed to participate in this segment of the market that is expected to grow rapidly over the next few years.
Mr. Hamilton noted "Mongolia's location between China and Russia, coupled with its vast natural resources allows Mongolia to efficiently supply raw materials to key consumer nations. Given our unique capabilities and strategic partnerships we can provide key opportunities in the Mongolian market which few investors have the ability to access."
Khan Investment Management is a Cayman based asset manager specializing in providing global investors with access to a wide range of investment opportunities in fast growing Mongolia.
SOURCE Khan Investment Management
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article