Ansher Fund Management (Ansher FM) is an asset management arm of Ansher Holding Limited. The company has managed number of successful funds dedicated to the Central Asia, the Caucasus, Ukraine and Russia, primarily investing in blue-chips of Central Asian countries. We have managed to reach tremendous growth of the Assets Under Management (AUM) by effectively investing in untapped economies and finding various opportunities in the mandated countries. Ansher FM has managed three different funds with consolidated AUM of US$ 80.0 million with mandates of investing in the equity markets, property markets and private equity opportunities mainly across Central Asia and the Caucasus. Having achieved a significant growth in Net Assets Value (85% since inception) and significantly outperforming the average growth in such major CIS markets as RTS and KASE, Ansher FM’s professional team has demonstrated exceptional skills in identifying undervalued assets and transforming them into efficient investments.
Ansher FM has recently launched three new funds: Ansher Regional Property Fund (ARPF), Ansher Regional Barakah Fund (ARBF), and Ansher Regional Equity Fund (AREF), with primary focus in Central Asian and the Caucasus’ equity and property markets. We anticipate to raise up to $ 500.0 million in consolidated AUM within one to three year horizon.

Ansher Regional Property Fund (ARPF)
Ansher Regional Property Fund (ARPF) is an open-end property fund dedicated to invest into markets across Central Asian and the Caucasus countries. The region is very rich in mineral resources, especially in precious metals and oil & gas. Inflow of capital booms the region’s real estate, construction, raw materials and development sectors. The region has demonstrated the highest GDP growth averaging 14.1% for 2007, which makes it the fastest growing region in the world, and yet still the opportunities in real estate market as well as property development segment are relatively untapped and represent significant further growth potential. Commonly, real estate projects in the region are undervalued and offer opportunities for capital appreciation for international investors. The resurgence of the Great Silk Road from China to Europe thrusts for rapid cross border trade, infrastructure and logistics development, real estate, as well as construction projects development across Central Asia and the Caucasus. ARPF’s role, as an investment vehicle for international investors, is to identify investment opportunities in both listed companies in real estate and construction materials sector, as well as to invest directly in properties and in development projects across residential, commercial, retail, land, industrial, warehouse, and hospitality segments. Ansher FM intends to raise up to $50 million within the first year of inception and additional $70-90 million every consequent year. Unexploited opportunities in the regions as well as professional team with local expertise provoke for high growth opportunities for Ansher Regional Property Fund.

Ansher Regional Barakah Fund (ARBF)
Ansher Holding’s global presence as well as primary focus in the fastest growing emerging markets of Central Asia and the Caucasus encouraged Ansher FM team to be the first to spot the opportunity of establishing a Shariah Complaint Fund with investment focus in the region. The surge of Islamic Banking and economies in Islamic countries along with demand from Muslims in non-Islamic countries created a necessity to channel investments from Islamic world into the predominantly Muslim populated Central Asian region.

The concept of Shariah Compliant Funds (SCFs) is a relatively new financial product introduced in past few years within the notion of a traditional collective investment funds (mutual or investment funds). To date, SCFs have gathered more than $ 2 trillion in assets under management and their popularity is increasing rapidly. Not only conventional Islamic banks offer their services in establishing such funds, rather global banks have opened their Islamic bank divisions to facilitate and take advantage of this trend. The explosion of wealth in the Middle East and Muslim-dominated parts of south-east Asia driven by the surging oil prices and growing economies creates a very attractive opportunity for establishment of SCFs.
Ansher Regional Barakah Fund (ARBF) is a first ever Shariah compliant fund with primary investment focus in Central Asia and the Caucasus. Through ARBF, we strive to perform efficient utilization of excess funds from Islamic world to the benefit of further growth of markets with tremendous potential, which will result in considerable returns to the investors. The Fund’s name depicts our good will to add value in wealth (“Barakah”) of our investors. With good faith and proper intention, we plan to raise up to $100 million AUM within the first year of inception and additional $150-200 million every consequent year.
The funds will be mainly invested in such sectors of economy as consumer and retail, chemistry and fertilizers, oil and gas, precious and non-precious metals mining, heavy and light manufacturing industry and others. With proper injection of capital, these sectors represent significant growth potential and provide an opportunity to become part of the growth story.

Ansher Regional Equity Fund (AREF)
Gained experience in managing equity funds signified the fact that on one hand, there is a huge demand from investors throughout the globe to explore promising investment opportunities in new emerging markets such as Central Asia and the Caucasus, and on the other hand, our team of professionals is capable of beating the emerging market average with considerable margin. Accordingly, we have launched an equity fund - Ansher Regional Equity Fund (AREF), an open-end long-short hedge fund focused primarily on investments in equity and fixed income securities of public companies in emerging markets of Central Asia and the Caucasus. AREF invests in equity and distressed assets across the region. AREF also invests in securities of internationally listed companies with operations in the region. Investment objective of AREF is to seek relatively undervalued assets in such fast growing industries as oil&gas, mining, energy, financial institutions, and consumer goods sectors in order to achieve long term capital appreciation primarily through an actively managed portfolio of securities and assets in the region.

By combining success and professional approach, Ansher Fund Management aims to achieve the highest performance among Central Asia and the Caucasus focused funds. The current and anticipated future economic highlights of the region contribute to the further confidence in successful performance of ARPF, ARBF, and AREF.