Tue, Sep 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Craton Capital Precious Metal Fund is winner of the Fund Manager of the Year award

Friday, December 03, 2010
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
Blackrock Gold & General Fund
Investec Global Gold Fund
JP Morgan Global Natural Resources 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.

(press release)


Craton Capital is a specialist manager of portfolios in the natural resources sector, including precious metals; metal and mining; oil, gas & utilities and renewable, alternative & sustainable resources. It is a multi award-winning* global natural resources manager based in South Africa, with a best-in-class Precious Metal Fund. The investment team includes mining engineers and metallurgists, providing technical as well as financial analysis and portfolio management skills.

Craton Capital manages three funds:
The Precious Metal Fund – launched on 14 November 2003
The Global Resources Fund – launched on 1 December 2008
The Renewable, Alternative and Sustainable Resources Fund – launched on 3 August 2009

All three funds are structured as UCITS III funds.


*Award winning Precious Metal Fund – AA rating by OBSR, Euro 2008 Fund Award and Sauren Fund Manager Ratings (Golden Award) in 2005, 2007 and 2008, and most recently, the Mining Journal Fund Manager of the Year 2010.

www.cratoncapital.com


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  4. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  5. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e