For New Hedge Fund, All That Glitters Is Gold

Oct 30 2007 | 3:28am ET

Newly-formed hedge fund Hinde Capital has launched the Hinde Gold Fund, focusing on the precious metal. The U.K.-based fund will primarily invest in the physical commodity and securities of companies that explore, mine, produce or process gold through a combination of long- and short-term investments.

The fund employs a macro environment analysis to determine the asset allocation between bullion and equity, a fundamental and model approach for stock selection and then a final technical and sentiment model is employed to “further refine allocations and entry and exit points for each trade,” according to a prime brokerage document. “The fund employs plain vanilla derivative strategies to enhance performance by mitigating and smoothing out risk volatilities on both bullion and equity portions of the portfolio.”

The Hinde Gold Fund charges a management fee of 1.5% and a performance fee of 20% of net gains subject to high water mark, calculated and paid quarterly. Its prime broker is Fimat.
 
Ben Davies, CEO, and Mark Mahaffey, CFO, are the joint portfolio managers of the fund. Prior to starting Hinde, Davies ran the trading at RBS Greenwich Capital and Mahaffey served as managing director of Bank of America London.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

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

July/August 2014 Cover

The time was right

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 ...

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.