Silk Road Management acquires Monbiz indices
Silk Road Management is to acquire the rights to MonBiz Mongolia Index and MonBiz Hong Kong Index, two equity indices MonBiz Media has co-developed with Eurasia Capital Ltd in 2010.
Following the acquisition, MonBiz Mongolia Index and MonBiz Hong Kong Index are renamed Silk Road Mongolia Index and Silk Road Hong Kong Index respectively. Eurasia Capital has agreed to continue providing its analytical support in maintaining and updating these two indices as well as assist Silk Road Management in launching several new regional indices.
Silk Road Management is an investment management firm focused on investments in various asset classes in Mongolia, including public equities, private equity and property. Based in Ulaanbaatar, the capital of Mongolia, Silk Road Management intends to become the largest fund management firm focused on Mongolia.
Eurasia Capital is the leading investment bank in Mongolia. Headquartered in Ulaanbaatar, the firm offers cross border M&A and advisory, capital raising, sales & trading and research services to its international and regional clients including government agencies, major energy and resource companies, sovereign wealth funds, private equity groups and global portfolio investors.
Silk Road Mongolia Index tracks the share price performance of 30 local and international listed companies with assets and operations in Mongolia with the total market capitalisation of USD32 billion. The Index, the USD- and market capitalisation based, is a leading benchmark for assessing the performance of Mongolia-focused companies. SRMI has gained 31% in 2010.
Silk Road Hong Kong Index is an equity index which includes ten companies with operations and assets in Mongolia that are listed at the Hong Kong Stock Exchange. The total market capitalization of SRHKI is USD12 billion.
Following the acquisition, MonBiz Mongolia Index and MonBiz Hong Kong Index are renamed Silk Road Mongolia Index and Silk Road Hong Kong Index respectively. Eurasia Capital has agreed to continue providing its analytical support in maintaining and updating these two indices as well as assist Silk Road Management in launching several new regional indices.
Silk Road Management is an investment management firm focused on investments in various asset classes in Mongolia, including public equities, private equity and property. Based in Ulaanbaatar, the capital of Mongolia, Silk Road Management intends to become the largest fund management firm focused on Mongolia.
Eurasia Capital is the leading investment bank in Mongolia. Headquartered in Ulaanbaatar, the firm offers cross border M&A and advisory, capital raising, sales & trading and research services to its international and regional clients including government agencies, major energy and resource companies, sovereign wealth funds, private equity groups and global portfolio investors.
Silk Road Mongolia Index tracks the share price performance of 30 local and international listed companies with assets and operations in Mongolia with the total market capitalisation of USD32 billion. The Index, the USD- and market capitalisation based, is a leading benchmark for assessing the performance of Mongolia-focused companies. SRMI has gained 31% in 2010.
Silk Road Hong Kong Index is an equity index which includes ten companies with operations and assets in Mongolia that are listed at the Hong Kong Stock Exchange. The total market capitalization of SRHKI is USD12 billion.
Comments
Post a Comment