Rogers Joins Leopard Capital To Advise On Sri Lanka

Feb 9 2010 | 10:38am ET

Legendary hedge fund manager and commodities investor Jim Rogers has been outspoken about his belief that the future of investing lies in Asia. Now, the famed contrarian investor is turning his sights onto a corner of Asia that gets very little attention from overseas.

Rogers, who co-founded the Quantum Fund with George Soros, has joined Leopard Capital’s Sri Lanka advisory council, along with Marc Faber, whose Gloom, Boom and Doom Report newsletter covers unusual investment opportunities around the world. And it doesn’t get much more unusual that Sri Lanka, which is perhaps best-known in investing circles as the birthplace of Galleon Group founder and alleged insider-trader Raj Rajaratnam.

Leopard, a frontier market private equity firm, has launched one Sri Lanka fund and is readying a second. Rogers and Faber will advise the new funds.

Rogers moved to Singapore in 2007. At the time, he said, “If you were smart in 1807, you moved to London. If you were smart in 1907, you moved to New York City. And if you are smart in 2007, you move to Asia.”


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.