Sun, Apr 20, 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

Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo