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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.