Alternative investor Ansher Holding Limited, which is focused on investments in Central Asia and the Caucasus, has reported their equity long/short hedge fund is up 13% YTD, HedgeCO.Net reported.
“Central Asia and the Caucasus region have emerged as one of the world’s fastest growing regions and has shown notable development potential,” says Pascal Buschor, Executive Director and member of the investment committee, “The region is rich in oil, gas, cotton and gold with reasonable infrastructure and human capital and a strategic location between Asia and Europe. The diversified economies of most Central Asian countries show also very attractive valuations in the banking, insurance, food processing and telecommunication sectors.”