British Firm Readies Gold Hedge Fund

Aug 29 2011 | 1:40pm ET

A new British hedge fund aims to take advantage of the global gold rally.

Orwell Capital is set to launch its Kerdos Premium Fund. The new vehicle will be composed of two sub-funds, a private-equity style portfolio and a portfolio allocated entirely to gold.

The new fund is expected to launch in September, pending approval from the Malta Financial Services Authority. Orwell has already registered with the U.K. Financial Services Authority.

Kerdos will launch with a single investment in a company that exports gold bars from Africa to Europe.

"There is a very strong demand for funds where performance is not linked to financial market trends," Franco Mignemi of Orwell told HedgeCo.net. "Amid the distress we are experiencing in the current market environment, investors are now drawn back to the real economy and are looking for stable profits in a business where they can fully appreciate the company's structure and competitive edge."

"Our fund will offer an opportunity rarely available to professionals outside the gold industry," Mignemi promised.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.