Thursday, 26 November 2015
Last updated 22 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…