Friday, 31 October 2014
Last updated 8 hours ago
Jan 23 2007 | 9:28am ET
Hong Kong-based Ballingal Investment Advisors this month launched the BIA Pacific Macro Fund, a multi-asset long/short vehicle, with US$9.2 million in equity.
The fund will seek to exploit opportunities in commodities, currencies and bonds, as well as equities, going long and short in the Asia-Pacific region, as well as those driven by Asia-Pacific factors, according to the firm. The portfolio managers for the fund are Andrew Ballingal, a former veteran of NatWest, Schroders, TAL and Ruffer in Hong Kong, and Geoffrey Barker, former chief economist at HSBC.
The new offering charges a 1.5% management fee and 20% performance fee.
Ballingal was founded in 2003 and currently manages over US$30 million in two funds: the BIA Pacific Fund and the BIA Pacific Macro Fund.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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