Red Star Asset Management is a global emerging markets equity investment manager which seeks long-term capital appreciation by investing in deep value, commodity-related securities worldwide.

Deep value securities are orphaned by the marketplace; absent or under-represented from mainstream portfolios and scantily researched by investment banks. At best, management is introverted, and, at worst, its incentives undermine minority interests.

Governmental interference often adds to the problems. Ignored by capital markets, the downside of such unloved and misunderstood companies tends to be limited. The upside, however, for specific deep value orphans can be enormous, especially when corporate incentives improve.

Our investment strategy is premised on three principles:

Dollar Hedge:  A slide in the real future value of the US dollar is supportive of commodity-related securities.

Global Growth:  The future growth in resource-hungry emerging markets are long-term tail winds for commodity-related securities.

Highly Leveraged to Improvements:  The value of commodity-related securities are highly leveraged to revenue and corporate governance improvements.