Source:Banking Business Review                     Date: 14 September, 2011

Origo Partners introduced a new open-ended fund to fuel the Mongolian market. The Mongolian Stock Exchange Market (MSE) Liquidity Fund will attract investments from around the world to generate economic growth in Mongolia.

The fund will feed investors with news regarding ten traded companies listed on the MSE to attract investment. It will also provide high interest saving deposit rates at Mongolian commercial banks to spark interest in the Mongolian tugrug. Head of Mongolian and Mining Investments at Origo, Luke Leslie, and ResCap CEO, Eric Zurrin, will manage the fund.

The MSE Liquidity Fund will provide investors with exposure to diversified and liquid assets and operations in the world's most resource rich and fastest growing economy, said Zurrin.

The fund hopes trading will begin in October this year. The fund has a minimum subscription threshold of USD 10,000.