Aisling To Launch Commodity Equities Fund In March

Feb 23 2010 | 8:54am ET

Singapore-based commodity hedge fund Aisling Analytics is going long—and short—equities.

Aisling is readying a US$300 million fund investing in commodities and natural resources companies, Bloomberg News reports. While the Merchant Equity Fund will invest globally, it will focus on Aisling’s home base of Asia.

The Equity fund will debut on March 1. It is targeting returns of approximately 20%.

“We think that we can leverage our source of understanding of commodity price dynamics into identifying opportunities in the equity markets,” Aisling co-founder Michael Coleman said.

Tan Yi-Wa, who has worked at Aisling for about a year and a half, will manage the new vehicle.

Aisling’s Merchant Commodity Fund has soared to US$1.6 billion in assets from US$10 million since its launch six years ago. The fund suffered its worst year ever in 2009, rising just 5% in a year in which the average hedge fund soared by 20%. But it rose 9% in January alone.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

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

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...