asia frontier capital adds to hk team following

Added 30th August 2013

Asia Frontier Capital has made two appointments for its Hong Kong office. It has appointed Ruchir Desai as senior investment analyst and Stephen Friel as marketing director.

asia frontier capital adds to hk team following

Asia Frontier Capital was founded by fund manager and chief executive officer Thomas Hugger after a buy-out of the Leopard Asia Frontier Fund in July.

Desai is already a familiar with Asia Frontier's investments process as he worked with The Leopard Asia Frontier Fund as a summer associate in 2012.

Asia Frontier Capital manages AFC Asia Frontier Fund, which invests in high-growth Asian frontier markets, primarily focussing on consumer, financial and infrastructure stocks.

Desai will support the combined top down and bottom up investment strategy of the AFC Asia Frontier Fund, to identify opportunities in the fast-growing Asian frontier markets of Bangladesh, Cambodia, Iraq, Laos, Mongolia, Myanmar (Burma), Pakistan, Papua New Guinea, Sri Lanka, and Vietnam.

Prior to being in Hong Kong, Desai was based in Mumbai where he spent two years as a senior analyst at HandsOn Ventures, a mid-market private equity group focused on investments in the business services industry. He also worked at Mumbai-based Pioneer Investcorp as a research analyst.

Before joining Asia Frontier, Friel supported the launch of a Hong Kong based hedge fund.

According to the company, the Cayman domiciled AFC Asia Frontier Fund has returned 5.15%, 9.96% and 18.68% on a three month, year-to-date and one-year basis net of fees, beating the aggregate returns of the fund’s Bloomberg peer group which were -7.57% 1.82% and 9.29%, respectively over the same periods.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

Features

ANALYSIS: All stars aligned for European equities

ANALYSIS: All stars aligned for European equities...Lock icon

The fact that the Euro Stoxx 50 index recorded its largest one-day gain since July 2012 on Monday suggests the importance for investors of Emmanuel Macron’s victory in the first round of the French presidential...

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Portfolio Bond & Financial Planning Forum 2017
IA Best Practice Adviser Awards UK 2017
IA Best Practice Adviser Awards UK 2017

Wednesday 3 May
The Waldorf Hilton, London

IA Product & Service Awards 2017
IA Product & Service Awards 2017

Wednesday 3 May
The Waldorf Hilton, London 

IA International Investment Forum Johannesburg 2017
IA International Investment Forum Johannesburg 2017

Tuesday 16 May
The Hyatt Regency, Johannesburg

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...