Jul. 12 – Khan Investment Management has announced the launch of its “Khan Mongolia Equity Fund” to allow investors to capitalize on growth opportunities in the country.
“Mongolia is forecast to have the fastest growing economy in the world over the next decade,” said Khan’s Managing Director Travis Hamilton. “Growth will primarily be driven by the development of the mining sector, which includes the worlds largest resources of coal, copper, gold and uranium deposits.”
The fund will invest in companies with significant assets and operations in Mongolia, and target those listed overseas and on the Mongolian stock exchange. The fund has partnered with a variety of service providers to assist it in achieving its capital growth objectives.
“Mongolia’s location between China and Russia, coupled with its vast natural resources, allows Mongolia to efficiently supply raw materials to key consumer nations,” Hamilton added. “Given our unique capabilities and strategic partnerships we can provide key opportunities in the Mongolian market which few investors have the ability to access.”