Hong Kong Shop Launches Macro Hedge Fund

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.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...