Saturday, 28 March 2015
Last updated 1 day ago
Jun 24 2008 | 7:22am ET
Hong Kong-based hedge fund manager PCM Capital has recently launched its second fund of funds, an eco-friendly offering.
The new vehicle, the PCM Green Power Fund, debuted on April 1. It trades or invests in a number of environmental and alternative energy related sectors including clean energy, water management, waste management, power trading, CO2 derivatives and environmental technologies.
PCM Green Power will focus mainly on investments in Asia. In its first two months of trading, the fund returned 1.34% and 1.10%, respectively.
“We are launching this product in response to the compelling investment opportunities emerging in the environmental sectors, particularly in Asia,” said Norman Chan, CIO of PCM Capital. “In addition, there is increasing demand from institutional investors for exposure to environmental related investment.”
Established in 2006, PCM Capital has two funds under management, PCM Asia Pioneer Fund and the PCM Green Power 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…