Wednesday, 20 August 2014
Last updated 18 min ago
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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note