The Violet Emerging Markets Fund is a long-short equity fund that focuses mainly in Eastern and Southeastern Europe. The funds objective is to achieve positive returns in a region with high economic growth potential. An area with a total population of 404m and growing and with a Market Cap/ GDP that stands as a low 22%. Due to the regions specificities the time horizon of the investment is medium to longer time. The composition of the geographical allocation is determined by the macro and political view while the specific investments by a bottom up relative value approach. The Violet team combines both analytical research together with on the ground information from both financial and non financial sources to derive the composition of its investments.
The fund may also invest in securities that derive a portion of their revenues or are affiliated with the region that the Violet Fund invests even if they are not listed in the local exchanges