Thomas Hugger wins #1 Spot in Citywire/Lipper's
Frontier Markets Equity Managers Review
Asia Frontier Capital Limited is very pleased to announce that Thomas Hugger, CEO and Fund Manager, has just been rated the Top-Performing Frontier Markets Equity Manager by Citywire/Lipper on 26th November 2015 for managing the AFC Asia Frontier Fund.
The three year total net return for the fund is +42.59%, which is 9.11% more than the second place finisher and 27.32% higher than the average of all the frontier markets funds that were rated.
Even more important than the fund’s stellar performance is its low risk level. This risk level, measured in terms of maximum drawdown or lowest standard deviation, is the lowest of all the frontier funds rated on Citywire/Lipper. The fund has a maximum drawdown of -5.7% and an average non-annualised standard deviation of just 2.6% in the last 3 years.
Thomas and his team achieved these results as a culmination of more than three years of dedication to stock selection in the Asian frontier universe combined with careful risk management and a well-founded macro strategy. Thomas and our research analysts have spared no effort in analysing individual companies, including visits to numerous facilities of companies in frontier countries. Some of these trips to remote areas are recounted in our monthly newsletters. With his 27 years’ experience in equity investment, Thomas has built up a wealth of expertise on company and macro-economic analysis, as well as extensive emerging and frontier market knowledge. This is now paying off, as he has reached star status as Citywire’s #1 Frontier Markets Equity Manager.
For the full article, please go to Citywire’s website by clicking here (the runners-up are listed first).
You can read more about Thomas Hugger and the AFC Asia Frontier Fund on our website, or download the latest fund factsheet here:
With best regards,
Peter de Vries
Asia Frontier Capital Limited
89 Nexus Way, Camana Bay
Grand Cayman KY1-9007
This document does not constitute an offer to sell, or a solicitation of an offer to invest in AFC Asia Frontier Fund, AFC Asia Frontier Fund (non-US), AFC Iraq Fund, AFC Iraq Fund (non-US), AFC Vietnam Fund or any other funds sponsored by Asia Frontier Capital Ltd. or its affiliates. We will not make such offer or solicitation prior to the delivery of a definitive offering memorandum and other materials relating to the matters herein. Before making an investment decision with respect to our Funds, we advise potential investors to read carefully the respective offering memorandum, the limited partnership agreement or operating agreement, and the related subscription documents, and to consult with their tax, legal, and financial advisors. We have compiled this information from sources we believe to be reliable, but we cannot guarantee its correctness. We present our opinions without warranty. Past performance is no guarantee of future results. © Asia Frontier Capital Ltd. All rights reserved. The representative of the funds in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva. The distribution of Shares in Switzerland must exclusively be made to qualified investors. The place of performance and jurisdiction for Shares in the Fund distributed in Switzerland are at the registered office of the Representative. By accessing information contained herein, users are deemed to be representing and warranting that they are either a Hong Kong Professional Investor or are observing the applicable laws and regulations of their relevant jurisdictions.