Quam launches product for Mongol-mania

Hong Kong-based Quam Asset Management launched the Quam SilkRoad Mongolia Fund on April 4. The portfolio manager is Quam’s chief executive Richard Harris who is currently in Switzerland fundraising for the new fund. He says it has launched with $20 million. The fund will invest in securities exposed to Mongolia, a country in a state of rapid economic growth galvanised by prospects for exploiting mineral resources that are on the threshold of realisation. The Mongolian frontier men…