Wednesday, 1 October 2014
Last updated 1 hour ago
May 11 2012 | 6:32am ET
Wisconsin-based Capital Innovations has been awarded a sub-advisory mandate running a timber fund for BluMont Capital of Toronto, Canada.
CI, which has been managing institutional timber separate accounts, will now offer its timber strategy with lower investment minimums via the Exemplar Global Timber Fund, said founder and CIO Michael Underhill in a press release.
Underhill said his firm has tapped John Duncanson, a professional forester with a background in the finance industry, as portfolio manager. Duncanson worked as VP of sales for the Noranda Group at Northwood Mills as well as serving as a financial analyst covering the paper and forest sector for McLeod Young Weir, Wood Gundy and McCarthy Securities. In 1988, he established Duncanson Investment Research, providing investment advice to Canadian money managers and institutional clients. He has also served as a technical consultant for the Chase Manhattan Bank.
“We believe timber assets share many of the same economic fundamentals as infrastructure and agriculture therefore are the natural extension of our business as we continue to focus on meeting evolving investor needs,” said Underhill.
Established in 2007, Capital Innovations focuses on real assets for institutional clients including the California Public Employees Retirement System and China Investment Corporation.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...