Managers Report: MitonOptimal Guernsey Limited has pleasure in submitting its report and the audited financial statements for the MitonOptimal Offshore Fund for the year ended 31 October 2013.
2014 is now upon us and already furious debate rages over the “fragile five” and the effects of reduced global liquidity on the emerging markets. In this latest quarterly newsletter, we also evaluate the “New New Normal” and interest rate normalisation effects on the developing world, particularly South Africa. We have our regular International and
We can thank the Federal Reserve (“Fed”) Chairman, Ben Bernanke, and his comments on tapering of quantitative easing for the ongoing volatility in capital markets. In May 2013 he hinted that the US$ 85 million per month bond purchase will be reduced aseconomic recovery in the U.S. may be satisfactory to implement reduced stimulus. This comment may send US bond
In the EU President José Manuel Barroso’s annual state of the union address this week in Strasbourg, he warned that political instability was now the biggest threat to Europe’s fitful recovery from the three-year-old Eurozone crisis. He stated that governments are still at risk of punishment from the financial markets if they veer from the
For those of you who are sick of hearing about taper on – taper off, I thought I would add a new saying into the mix , namely that of ‘war on – war off’. Markets have seemingly become very nervous over war chatter on top of the tapering chatter, but in the very short
