Wed, Apr 25, 2018
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its