Launching two years, it has become an emerging market fund like no other



MailOnline logo


© Provided by This Is Money
MailOnline logo

It has been a tricky debut for Mobius Investment Trust since its launch on the London Stock Exchange two years ago. 

The £100million fund, investing in under-researched and little known emerging market companies, has had to cope with a difficult stock market backdrop – with its share price falling back more than 20 per cent in March this year as the coronavirus pandemic panicked markets worldwide. 

Although the shares have since bounced back strongly – 47 per cent over the past six months – they are trading at around their £1 launch price. 

Yet manager Carlos Hardenberg is convinced the trust, with its focus on small technology firms, healthcare stocks and companies specialising in online educational tools, offers an outstanding opportunity for investors to make long-term returns. 



diagram


© Provided by This Is Money


‘It’s been a challenging and exciting two years,’ says

Read More
Read More

“AREA 2071” and “P&G” challenge finalists chosen for the first microcredit pilots in emerging markets

  • Pilots seek to solve pressing issues in emerging economies around credit facilities and sustainable support of retail SMEs
  • Outcomes of pilots focused on strengthening financial acumen of local retail SMEs
  • Pilots are part of a global challenge co-launched by AREA 2071 and P&G’s i-Dubai Lab to impact a billion people in emerging markets 

Dubai: AREA 2071, the innovation ecosystem of Dubai Future Foundation (DFF), and its partner, P&G’s i-Dubai Lab, the latest Procter & Gamble (P&G) Innovation Center, which covers MENA, East and Southwest Asia, have launched three micro-credit pilot projects with technology startups.

Launched in November 2019, the challenge aimed to find innovative micro-credit solutions to enable small retailers located across emerging markets to build financial credibility, acumen and stability in order to scale up their businesses. These solutions, which are at the heart of the announced pilots are part of a bigger mandate P&G has for emerging markets

Read More
Read More

An emerging market fund like no other



MailOnline logo


© Provided by This Is Money
MailOnline logo

It has been a tricky debut for Mobius Investment Trust since its launch on the London Stock Exchange two years ago. 

The £100million fund, investing in under-researched and little known emerging market companies, has had to cope with a difficult stock market backdrop – with its share price falling back more than 20 per cent in March this year as the coronavirus pandemic panicked markets worldwide. 

Although the shares have since bounced back strongly – 47 per cent over the past six months – they are trading at around their £1 launch price. Yet manager Carlos Hardenberg is convinced the trust, with its focus on small technology firms, healthcare stocks and companies specialising in online educational tools, offers an outstanding opportunity for investors to make long-term returns. 



diagram


© Provided by This Is Money


‘It’s been a challenging and exciting two years,’ says

Read More
Read More

Adopt best practices and emerging technologies

SMALL businesses were forced to go online when Malaysia imposed the movement control order back in March. But even as physical business starts picking up again, SMEs should continue their digitalisation efforts to be better positioned for future growth.

Malaysia Digital Economy Corp (MDEC) director of business in the Digital Adoption Division, Muhundhan Kamarapullai, (pic below) says industries in Malaysia must continue to transform themselves by adopting best practices and emerging technologies to sustain and be able to compete in a highly connected and competitive world.

“SMEs should adopt useful lessons from the Covid-19 pandemic and embrace digital to thrive and sustain their business.

Doing it together: Muhundhan says public-private partnerships are necessary to accelerate SME digitalisation.Doing it together: Muhundhan says public-private partnerships are necessary to accelerate SME digitalisation.

“Digital solutions have also become cheaper and easier to adopt whereby having a simple digital presence could help their business engage the right customers.

“Business digitalisation is not a single project but a

Read More
Read More

T.N. in forefront in adopting emerging technologies: Minister

Madurai

Tamil Nadu has been leading in the country in areas of e-governance, in attracting investments at global level and creating employment opportunities, said R.B. Udhayakumar, Minister for Revenue and Disaster Management, and Information Technology, here on Friday.

He was delivering the chief guest address during the inaugural function of Federation of Indian Chambers of Commerce and Industry’s virtual conference titled ‘Technology Enabled Growth and Opportunities-2020’. Madurai Collector T.G. Vinay and Corporation Commissioner S. Visakan were also present along with the Minister.

Mr. Udhayakumar said that the Commissionerate of e-Governance was created in 2006 to lead all e-governance initiatives of the State. The Centre of Excellence in Emerging Technologies (CEET) in TNeGA was created in January 2019 to bridge the knowledge gap between development and application of emerging technologies in government departments.

He said that Tamil Nadu is the first state in the country to sign a memorandum of understanding

Read More
Read More

Value Stocks May Offer Best Prospects in Emerging Markets

As surprising as the rally in stocks has been during the pandemic, the strength of emerging markets may be more of a shocker.

Stocks in these markets are supposed to need a robust global economy to thrive, and their governments haven’t been able to borrow or print money to tide them over through the crisis as much as governments in mature economies.

But they have held their own. Between March 23, when American stocks hit bottom, and Sept. 30, Emerging Markets iShares MSCI, a large exchange-traded fund, rose 44.2 percent. The S&P 500 SPDR E.T.F., which tracks the main American index, rose 49.6 percent.

As stellar as the returns have been in emerging markets, a closer look reveals a universe of haves and have-nots.

The first group of markets, mostly in East Asia, has come through the pandemic far better medically and economically, and its stocks have soared. China especially

Read More
Read More

News: NATO Deputy Secretary General opens conference on Emerging and Disruptive Technology, 05-Oct.-2020

NATO Deputy Secretary General Mircea Geoană and the NATO Chief Scientist Dr Bryan Wells opened the 14th NATO Operations Research and Analysis Conference. The event, organised jointly by the NATO Science and Technology Organization (STO) and Allied Command Transformation (ACT), took place virtually on 5-6 October 2020, and had as its theme Emerging and Disruptive Technology (EDT).

The Conference attracted over 400 participants, from 21 NATO Allies and seven partner nations, and dealt with topics ranging from cyber and autonomy, through strategic analysis and artificial intelligence, to big data and combat modelling. 

NATO Deputy Secretary General said “NATO’s Operational Research and Analysis community plays a vital role in assisting Nations and NATO in understanding the political and military implications of emerging and disruptive technologies. The experts that are brought together demonstrate the power of NATO’s network of scientists”.

The Conference brought together analysts from national defence analysis and research organisations,

Read More
Read More

dLocal Expands Emerging Markets Payments Platform in the Caribbean, LATAM

Emerging market payments leader enables its merchants to accept and distribute local payments in Costa Rica, Panama, and the Dominican Republic.

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, today announced it has expanded its payments network to include three markets in Latin America and the Caribbean: Costa Rica, Panama, and the Dominican Republic.

Leveraging a proprietary and flexible API-based payments technology platform, dLocal now supports over 300 local payment methods in 23 emerging market countries, including the top five emerging markets in the world by population (Brazil, China, India, Indonesia, and Mexico). Merchants integrate just once to dLocal’s API to accept payment in any of the 23 countries where dLocal operates across LATAM, APAC, Middle East and Africa and can do so without a physical presence. This expansion comes less than a month after dLocal secured $200 million in new funding to become one of

Read More
Read More

EMERGING MARKETS-Thai shares gain for fourth day on stimulus push; Philippines steadies

    * Thai benchmark index hits highest since Sept. 21
    * Most currencies edge up as U.S. dollar nurses losses
    * Chinese markets reopen after a week-long holiday on Friday

    By Shruti Sonal
    Oct 8 (Reuters) - Thai stocks climbed 1% on Thursday as the
government outlined measures to boost consumption in its
coronavirus-battered economy, while a late recovery helped
Philippine shares edge up in tandem with gains in most of Asia's
emerging markets.
    The safe-haven U.S. dollar nursed losses after the revival
of hopes for some stimulus spending in the world's biggest
economy improved investor sentiment, supporting local currencies
in Asia, which edged higher. The Taiwan dollar was
again the main standout, rising almost 1%.
    Thailand's benchmark index hit its highest in more
than two weeks after officials on Wednesday added a tax
deduction on purchases of goods and services to previously
announced cash handouts and subsidies.
    The tourism-reliant economy 
Read More
Read More

EMERGING MARKETS-Thailand gains after govt adds tax deduction to stimulus push

By Shruti Sonal

Oct 8 (Reuters)Thai stocks climbed nearly 1% on Thursday as the government took measures to boost consumption in its coronavirus-battered economy, leading gains across a handful of Asia’s big emerging markets.

With markets globally eyeing a tumultuous U.S. election campaign and roadblocks in passing stimulus in the world’s biggest economy, currencies across the region were subdued, with the Taiwan dollar again the main standout, rising almost 1%.

Thailand’s benchmark index .SETI hit its highest in over two weeks after officials added a tax deduction on purchases of goods and services to cash handouts and subsidies announced last month.

Deputy Prime Minister Supattanapong Punmeechaow said altogether the measures would push about 200 billion baht ($6.4 billion) into the economy in the last three months of this year.

The tourist-heavy economy has started receiving its first visitors this week after months of travel curbs and its

Read More
Read More