Friday, 5 February 2016
Last updated 1 hour 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.