Opalesque Industry Update -
The Craton Capital Precious Metal Fund has won the Fund Manager of the Year award at the Mining Journal Outstanding Achievement Awards 2010, held at the HAC Artillery Garden on Wednesday night, 1 December. |
This is the most prestigious fund award in the mining industry and Craton Capital won it in the face of tough competition from a shortlist of the biggest and best-known funds in the business, namely the:
Blackrock World Mining Fund
The annual Outstanding Achievement Awards is a notable event in the mining industry calendar, and nearly 1000 mining industry names were present at the event to watch Craton Capital win the Fund Manager of the Year award.
Markus Bachmann, founder of Craton Capital and manager of the Craton Capital Precious Metal Fund said, “We are delighted to be given the honour of winning this award from the mining industry, especially in front of such highly-respected competitors. It is very motivating for us to continue to improve in what we do and it is recognition to everyone involved in Craton Capital for their contribution over the past few years. This journey started over 7 years ago and is far from being over!”
The shortlist for this award was based on a technical adjudication by Financial Express, which assesses the performance of international funds through its Trustnetoffshore.com website. The funds considered were those in which international investors can currently participate, are managing assets worth over US$50 million and have in excess of 50% invested in natural resources. According to these criteria, there were five outstanding funds in the year to end-October, as named above.
Craton Capital manages three funds:
All three funds are structured as UCITS III funds.