InvestmentEurope: FMG launches Mongolia Investment Fund

A new investment fund focusing on Mongolia has been launched by FMG, a specialist in emerging markets investments, to capitalise on the country’s booming economy and close economic links to China. Mongolia is often ranked as the world’s fastest growing economy, and GDP growth of between 23% and 26% is expected for 2012. The world’s 19th largest country, Mongolia’s mineral wealth is largely unexplored. As a potential mining and commodities giant, with significant reserves of coal, uranium, rare earths, copper, gold and iron, Mongolia is well positioned to supply the demands of its neighbour China, the world’s largest commodity consumer. To read the full article, click hereFMG launches Mongolia Investment Fund

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