Steppe Fixed Income Fund
A USD fund giving institutional investors access to Mongolia’s OTC bond market.
Institutional investment management in Mongolia
MICC Asset Management gives institutional investors and family offices disciplined access to Mongolia’s long-term growth.
Mongolia at a glance
Key indicators behind our investment case. Source: National Statistics Office of Mongolia, 2025.
20+
Years of MICC group experience
Serving Mongolia’s capital markets since 2005.$25.4B
GDP, current USD (2025)
Mongolia’s economy reached a record size in 2025.6.8%
Real GDP growth (2025)
Driven by mining exports, infrastructure and services.$7,064
GDP per capita (2025)
Rising incomes and a young, growing population.Insights & News
Market overviews, monthly insights and fund news from our team.
Mongolia’s economic growth: 2024 in numbers
GDP reached a record size in 2024 — what the latest macro data means for long-term investors.
by MICC ResearchMarket overview
Why Mongolia: the case for private capital
A young population, resource wealth and a deepening capital market create room for private investment.
by MICC ResearchMonthly insights
Mining and the next phase of diversification
How mining revenues are financing infrastructure, energy and the services economy.
by MICC ResearchMonthly insights
About us
MICC Asset Management (MICC AMC) is an investment and fund management company. Drawing on 20 years of experience in Mongolian capital markets, we aim to be a trusted asset manager that meets international standards for institutional investors, family offices, and high-net-worth individuals.
Explore Opportunities
Discover our current fund — its objective, strategy and key terms. Qualified investors can request the fund factsheet and documents through a short form.
Partner Institutions
