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Talking Global Macro Investing With A 25-Year Market Veteran

August 28, 2017

By Chris at www.CapitalistExploits.at If you were rich, successful, and intelligent – which often, not always, go hand in hand together – where would you live? The last time I was in the Rockies, I remember thinking to myself. You know what, if it weren’t for the fact it’s so damn far from the beach I …

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Are Emerging Markets Still “A Thing”?

November 16, 2016

By Chris at www.CapitalistExploits.at
Last week I jumped on a call with an old friend Thomas Hugger who I hadn’t spoken with in months.
I recorded the call for your enjoyment but first a quick bit of background to Thomas.
Thomas is a Swiss fund manager living and working in Asian frontier markets such as Vietnam, Bangladesh, and Cambodia, which is a bit like taking a Rolls Royce through the Gobi desert if you think about it. The Swiss after all are everything that frontier markets are not: on time, reliable, consistent… maybe even boring.
The truth is, Thomas has managed to keep all the good Swiss attributes while remaining sane in environments which others would not. He is a veteran of frontier markets and Asia and has probably forgotten more about these markets than I’ll ever know.
He is the CEO and Fund manager at Asia Frontier Capital, and has spent 27 years in private banking where he specialized in managing portfolios of listed and unlisted equities.
He’s been investing in Asian and African Frontier Markets since 1993 and was the former Managing Partner, CFO & COO of Leopard Capital; and was previously a Managing Director and Head of Portfolio Management at LGT Bank in Hong Kong. He also held senior investment positions at Bank Julius Baer in Zurich and Hong Kong. Thomas was also the founding shareholder of one of the largest brokerage companies in Bangladesh.

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