Quam Financial Services Group, whose holding company Quam Limited was listed on the Hong Kong Stock Exchange, will this month launch a new fund investing in the Mongolia market.  Chairman Bernard Pouliot announced that this will be done through Quam’s asset management subsidiary.  According to Mr. Pouliot, "We seek to invest in a diversified portfolio of stocks exposed almost entirely to Mongolia to provide investors with what we believe is the first liquid Mongolian Fund."
There are about USD2 billion worth of stocks listed on the Mongolia stock market and about USD28 billion listed on foreign stock markets such as Australia, Hong Kong, London, and Toronto. Eurasia Capital, known for its Mongolian financial market expertise, and Quam, which has extensive access to the Chinese market, have both geared themselves for heightened cross-border investment deals through Global Alliance Partners, an international network of financial services firms in the capital market.
Source: Quam Limited
The Business Council of Mongolia aims to advocate increased trade and investment in Mongolia and serve as a forum for dialogue on the important business climate issues. Join us at the Business Council Mongolia Official Website
No votes yet
Archived Comments