Monday, 30 March 2015
Last updated 2 hours ago
Jun 11 2008 | 11:57am ET
Hong Kong-based hedge fund shop Ginger Capital has launched a long-biased fund seeking to take advantage of China’s growing importance in the global economy.
The Ginger Opportunity Fund debuted with between US$20 million and US$30 million, targeting returns in excess of 20%, Asian Investor reports. Ginger Capital says the fund has a target size of US$500 million.
The new fund focuses on non-Chinese companies poised to profit from a booming China, investing only in companies with market capitalizations in excess of US$600 million. Net exposure will be between 30% and 70%, with no more than 20% of assets invested in one sector theme, and no more than 10% in any one name. Long-biased investments—those held between 12 and 18 months—make up 80% of the fund.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…