Fri, Apr 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Peak Partners to launch hybrid emerging markets FoFs next month

Thursday, January 13, 2011

Benedicte Gravrand, Opalesque Geneva:

Nikhil Jhangiani, the CIO of Geneva-based investment manager Peak Partners, told Opalesque of the imminent launch of a hybrid fund of funds (FoFs) called Granite Emerging Market Fund of Funds. It will be launched on 1st February with $10m from outside investors.

The fund wants to profit from opportunities in the emerging markets, which have lower debt to GDP than developed economies - hence the former’s huge growth potential while the latter struggle to pay back their debt. Emerging market strategies tend to be more volatile than most, says Peak’s presentation, but when you are able to contain drawdown, you can profit greatly from the “only growth opportunities currently available.”

Indeed, according to an IMF forecast, the world’s ten fastest economies (excluding those with less than 10m inhabitants and Iraq and Afghanistan) between 2011 and 2015 will only be emerging markets: China, India, Ethiopia, Mozambique, Tanzania, Vietnam, Congo, Ghana, Zambia and Nigeria (Source). And finance academic Niall Ferguson reportedly said yesterday that emerging nations are overtaking the West to become the world’s dominant economies in the biggest redistribution of wealth in 500 years. “We are living in a profound global shift," he said.

Peak’s new FoFs will focus on dynamic t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n