Commerzbank Launches Asia Growth Fund

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.”

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…