Thu, Oct 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swiss Asia Capital gains Singapore licence, commodities fund up 10% in September

Wednesday, October 24, 2012

Benedicte Gravrand, Opalesque Geneva:

Juerg Kiener, MD and CIO of Swiss Asia Capital (Singapore) Pte Ltd. announced today that his firm had been granted its Singapore Capital Markets Services (CMS) licence.

Jefferies Group, Inc. announced the same granting last week, for its Jefferies Bache Futures & Options business.

Kiener confirmed to Opalesque that Swiss Asia Capital is an independent fund manager in Singapore with an investment focus in Asia and the resources space. It is not part of Swiss Asia Holdings, another Asia-based investment firm.

Swiss Asia Capital runs the SAC Global Energy and Mining fund, an open-ended fund domiciled in the Caymans which invests in global commodities markets, with a growing focus on the Asia Pacific region. Its portfolio has exposures in quoted and unquoted shares and physical precious metals.

It has returned 170% since its May-2002 inception, and is up 6.2% YTD, after returning 10% in September 2012.

"Most beta markets rallied with the coordinated intervention by the world’s leading economies," says the fund’s latest monthly report. "The European Central Bank prepared to buy government bonds in unlimited quantities, China announced $157 billion worth of infrastructure projects, and the United S......................

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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. Hedge funds fell 1.18% in September on Fed tightening and ECB loosening[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell 1.18% in September on Fed tightening and loosening of the European Central Bank’s policy on equity markets, according to the Barclay Hedge Fund Index co

  5. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore