Stenham Offers Resources Fund of Hedge Funds

Apr 1 2008 | 10:43am ET

U.K.-based Stenham Asset Management has launched the Stenham Global Resources Fund, a long-biased fund of hedge funds focusing on non-energy related sectors.

The fund, which has been operating internally since July 2006, is a concentrated portfolio of 10 to 15 underlying managers.  In the six months ending February 2008, the fund returned 14.8%, according to the firm.

Kevin Arenson, CIO, said continued global demand for resources particularly from China and India, and the threat of global warming makes the Global Resources Fund a “compelling investment opportunity.”

“Water has been cited as the single biggest impediment to China's long-term success,” said Arenson. “Whilst China is the most obvious example of a pressing water need, India and other mostly Asian markets are not far behind and are expected to make similar massive investments.”

The fund’s minimum investment is US$25,000 with monthly liquidity and no lock up period. It is also offered in the pound Sterling and Euro share class.

Stenham currently manages some US$6.5 billion, of which US$2.5 billion is managed through its multi-manager hedge fund portfolios while US$4 billion represents the market value of the properties in which Stenham is invested.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR