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MILLTRUST INTERNATIONAL
 

Milltrust Alert – Selected News and Insights from the Emerging Markets and Around our Business

May 3, 2019

BY Alexander Kalis
MANAGING PARTNER

MILLTRUST EVENTS

INVITATION TO THE CLIMATE IMPACT ASIA FUND PRESENTATION IN LONDON

– For Professional Investors Only –

Join us at 11am on the 24th of May (London, West End) for an introductory presentation on the upcoming Climate Impact Asia Fund.

The presentation will feature Jeremy Higgs, Managing Director at Environmental Investment Services Asia Limited and investment manager to the Fund, and Gavin Edwards, on behalf of the World Wide Fund for Nature (WWF) in Hong Kong, the Environmental Consultant to the Fund.

Learn more

Register here

WHAT YOU NEED TO KNOW – EMERGING MARKETS

How a U.S. dollar breakout could derail emerging market stocks

Emerging-market investors are contending with an unwelcome surge by the U.S. dollar. Emerging-market stocks could see the rush of inflows from Wall Street this year turn into a trickle if the U.S.’s economic upward trajectory diverges with a sluggish global economy, a backdrop favorable to the greenback.

Investors who expected the Federal Reserve’s newfound patience to allow developing markets to draw in fresh money, consolidating the asset class’s double-digit gains in 2019, could face a letdown, analysts said.

Attracted by cheap valuations and the outlook for reduced monetary tightening by the U.S. central bank, investors plowed $108.9 billion into emerging market equity and bond funds in the first quarter, according to the Institute for International Finance. But a stronger dollar can weigh on emerging markets as it can raise the cost of servicing dollar-denominated loans.

Stock of the Week

Ratchaburi Electricity Generating Holding Public Company Limited is a Thailand-based holding company engaged in the investment in other companies. The Company’s operating segments consist of electricity generating, operating and maintenance and other related businesses. Its investment, development and operations focus on three core businesses: electricity generating business in diversity of resources, such as natural gas, coals and hydro power; renewable energy, which focuses on solar power, wind power and biomass, and related businesses, which are involved in the investment in power plant operations, maintenance services, coal mines and gas turbine maintenance services for electricity generating plants.

WHAT YOU NEED TO KNOW – SUSTAINABLE INVESTMENTS

Global impact investment market rises to US$502 billion

Global market estimated at over half a trillion dollars, more than double the figure from 2018, based on data collected from over 1,340 institutional investors by GIIN

The global impact investment market is currently worth at least US$502 billion, according to the Global Impact Investing Network (GIIN) in its “Sizing the Impact Investment Market” report.

The US$502 billion figure is more than double the US$228 billion stated by GIIN last year in its 2018 Annual Impact Investor Survey which compiled data from 229 organizations.

WHAT YOU NEED TO KNOW – AGRICULTURE INVESTMENTS

Gold Versus Farmland: Which Alternative Is Right For You?

Farmland and gold are two of the world’s oldest and most valuable asset classes, and they share many similar benefits that investors still find attractive today. Unfortunately, as those of us in the industry know, investing in farmland has been largely overlooked in recent decades.

However, both assets can provide investors with much-needed diversification, though each offers specific advantages. If you’re looking to invest in one of these alternatives, here are some important areas to consider when choosing between the two.

WHAT YOU NEED TO KNOW – SCIENCE, TECHNOLOGY & INNOVATION

Can we cure genetic diseases by rewriting DNA?

In a story of scientific discovery, chemical biologist David R. Liu shares a breakthrough: his lab’s development of base editors that can rewrite DNA. This crucial step in genome editing takes the promise of CRISPR to the next level: if CRISPR proteins are molecular scissors, programmed to cut specific DNA sequences, then base editors are pencils, capable of directly rewriting one DNA letter into another. Learn more about how these molecular machines work — and their potential to treat or even cure genetic diseases.

This talk was presented at an official TED conference.