Apache Partners Set Up New Fund

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The UK based investment advisors Apache Partners LLP, founded by Paul Forsyth has recently announced a new fund starting March 22, 2013. The new entity would be known as Apache Global Frontiers Fund and will focus on Central and South America, Eastern Europe, sub-Saharan Africa, Indochina, Central Asia and parts of the Gulf region to establish genuine frontier markets.

The Global Frontier Fund would have the primary focus on equities but also allow fixed income businesses. The portfolio would be managed on a fund to fund basis and the selections would undergo both qualitative and quantitative reviews. Recognized data and statistics would be utilized for the quantitative reviews but greater weight would be given to qualitative reviews as this is a young and burgeoning market.

The key markets to be focused on would be Mongolia, Kazakhstan, Nigeria, Cuba, Iraq and Bosnia and these markets will carried over to forty other markets for trading.

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