November 21, 2016 - By Winifred Garcia · 0 Comments
Asia Tigers Fund Inc (NYSE:GRR) institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.60, from 0.8 in 2016Q1. The ratio has increased, as 4 hedge funds started new or increased equity positions, while 5 reduced and sold positions in Asia Tigers Fund Inc. The hedge funds in our partner’s database now hold: 1.39 million shares, up from 1.34 million shares in 2016Q1. Also, the number of hedge funds holding Asia Tigers Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 2 Increased: 2 New Position: 2.
The Asia Tigers Fund, Inc. is a diversified, closed-end management investment company. The company has a market cap of $32.02 million. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of Asian companies. It currently has negative earnings. The Fund invests in various sectors, such as financials, information technology, industrials, telecommunication services, materials, consumer staples, consumer discretionary, energy, real estate management and development, automobiles, aerospace and defense, semiconductors and semiconductor equipment, food and staples retailing, textiles, apparel and luxury goods, and insurance.
About 1,800 shares traded hands. The Asia Tigers Fund, Inc. (NYSE:GRR) has declined 3.18% since April 19, 2016 and is downtrending. It has underperformed by 7.04% the S&P500.
City Of London Investment Management Co Ltd holds 0.86% of its portfolio in The Asia Tigers Fund, Inc. for 1.13 million shares. 1607 Capital Partners Llc owns 177,961 shares or 0.12% of their US portfolio. Moreover, Doliver Capital Advisors Inc. has 0.08% invested in the company for 10,077 shares. The New Jersey-based Bulldog Investors Llc has invested 0.04% in the stock. Blue Bell Private Wealth Management Llc, a Pennsylvania-based fund reported 1,549 shares.#img1#
The Asia Tigers Fund, Inc. (the Fund), incorporated on September 23, 1993, is a closed-end, non-diversified management investment company. The Fundâ€™s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of Asian companies.
More notable recent The Asia Tigers Fund, Inc. (NYSE:GRR) news were published by: Finance.Yahoo.com which released: “The Asia Tigers Fund, Inc. Announces Performance Data And Portfolio Composition” on November 21, 2016, also Prnewswire.com with their article: “The Asia Tigers Fund, Inc. Announces Election Of Nancy Yao Maasbach As Director” published on March 28, 2016, Prnewswire.com published: “The Asia Tigers Fund, Inc. Announces Appointment of Nisha Kumar as Director” on January 04, 2016. More interesting news about The Asia Tigers Fund, Inc. (NYSE:GRR) were released by: Prnewswire.com and their article: “Top Rated Aberdeen Asia-Pacific Income Fund, Inc. Featured in Morningstar Report” published on August 23, 2012 as well as Investorplace.com‘s news article titled: “Profit From the Chinese Stock Market Rout – Buy the Asian Tigers” with publication date: January 06, 2016.
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By Winifred Garcia