Thu, May 7, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers November 2012

Profiles - Two emerging managers, AN Capital and Oracle Capital, speak about their new funds

AN Commodity Fund aims for a positive 2012 after +14% gains in September

Tan Tien Leong

Singapore-based alternative investment management firm AN Capital Pte Ltd runs the AN Commodity Fund, which finished September up +14.12% (-2.33% YTD). The fund’s manager of this Asia-focused commodity hedge fund believes that the market selloff in the commodity space early this year is approaching its end.

AN Capital’s portfolio manager Tan Tien Leong is quietly confident he could turn around the firm and finish 2012 on a positive note. "The first five months of 2012 were tough for us as market conditions were challenging," he told Opalesque in an interview. "Thankfully, we believe that is behind us. We expect to finish 2012 with strong profits." The fund was incepted in January 2010 and returned 5.3% that year and -8.7% in 2011.

The AN Commodity Fund, a Cayman-domiciled fund which currently manages $3m, is featured in Opalesque Solutions' Emerging Managers Database .

At its peak in late 2010, the fund’s assets reached $41m but the Eurozone crisis heightened investors’ risk aversion and this resulted in substantial redemptions over 2011 and early 2012.

According to Tan, since the start of June 2012, AN Commodity Fund returned approximately +40.75% net and the firm’s "well timed option strategies paid off."

As a commodity fund, it deals mostly with commodity futures and options on global exchanges such as West Texas intermediate oil, Brent oil, New York gold, Chicago corn, Chicago wheat and Malaysia palm oil......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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 funds of hedge funds Alpha Titans, executives, and auditor for improper expense allocations[more]

    Update: Please note the important updated information at the end of the article.The Securities and Exchange Commission today announced charges against a Santa Barbara, Calif.-based hedge fund advisory firm and two executives involved in improper allocations of fund assets to pay undisclose

  2. Avenue Capital raises $700m for new energy hedge fund[more]

    Komfie Manalo, Opalesque Asia: Global hedge fund Avenue Capital Group, which manages $13bn in assets as at end March, reported that it raised an additional $700m for a new energy fund that it plans to launch in May. Avenue Ca

  3. Opalesque Exclusive: Carne establishes non-EU ManCo in Jersey[more]

    Benedicte Gravrand, Opalesque Geneva: For those managers who will not domicile their fund in the European Union (EU) and yet want to distribute it in the EU – especially the UK –, going under the wing of an AIFMD-compliant ManCo on the Channel Islands could be one of the ways to do it. Ch

  4. Opalesque TV: Aequam Capital: Asset management industry will be mainly quantitative going forward[more]

    Benedicte Gravrand, Opalesque Geneva: Before starting his boutique in 2010, Arnaud Chretien, co-founder and CIO of Aequam Capital, worked ten years as a market trader and 18 years as a quantitative and systematic fund manager for Soc

  5. Class-action lawsuit accuse hedge fund Standard General of holding American Apparel hostage[more]

    Komfie Manalo, Opalesque Asia: A shareholder class-action suit filed on Wednesday accused New York-based hedge fund Standard General of holding American Apparel hostage. It would reportedly reap huge benefits if the clothing company declared bankruptcy. Standard General is the controlling sto

 

banner