Saturday, 30 August 2014
Last updated 1 day ago
Mar 26 2007 | 11:53am ET
Alternative investment firm Parker Global Strategies has launched its first energy and natural resources fund of funds, PGS Global Energy Edge. The sector-focused fund has initially invested in 23 managers in the various energy and natural resources sectors.
Each of the selected managers is focused on different segments within the sector to diversify the portfolio across energy, utilities, natural resources, power, materials, infrastructure and alternative and clean technologies, according to the firm.
“This is one of the most exciting sectors in the investable universe and we believe it will be a vital component of investors’ portfolios going forward,” said Virginia Parker, president and founder of PGS.
According Parker Global, key drivers of energy and natural resources markets include: A demand for fossil fuels expected to outstrip supply by 2010 and 2015; power and water infrastructure that are outdated and need to be improved; and high oil and natural gas prices that will drive demand for cheaper alternatives.
The fund of funds charges fees of 1.5/15 with a minimum investment requirement of $1 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...