Hedge Fund Firm Launches Eco-Friendly Fund

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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of