Monday, 30 November 2015
Last updated 2 days ago
May 10 2007 | 1:35pm ET
Commerzbank Alternative Investment Strategies has launched a new multi-strategy Asia-Pacific-focused fund of hedge funds, aiming at a 10% annual return.
The Comas Asia Growth Fund is listed on the Irish Stock Exchange and is managed by Richard Blake. The vehicle—which began trading at the beginning of March and has returned 2.45% since then—will invest in at least 15 hedge funds.
“The Comas Asia Growth Fund provides our clients with exposure to a combination of Asia-Pacific market growth, idiosyncratic company or market events and arbitrage opportunities in the region whilst avoiding the high levels of asset price volatility that has been historically observed,” Blake said.
“Inefficiencies through Asia compare favorably to the more mature markets of Europe and the U.S.; such inefficiencies can be profitably exploited.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…