24.04.2008 Commodities: Opalesque Exclusive: Timber fund announces further capital raising of up to $1.6bln, proposes migration to London Stock Exchange, India commodities regulator considering ban on hedge funds, FIA urges Indian government to drop proposed tax on commodity futures transactions, US commodities: gold slides as dollar climbs; grains mixed, CFTC Forum discusses speculative money in commodities, Winning the commodities race: the current cycle is one of the greatest transfers of wealth in recent history, says Investec, Managed futures investing moves from sidelines to spotlight

Opalesque Exclusive: Timber fund announces further capital raising of up to $1.6bln, proposes migration to London Stock Exchange Phaunos Timber Fund Limited is a closed-ended investment company investing in timber and timber related activities. It was incorporated in Guernsey in September 2006 with an unlimited life. The Company raised approximately US$115 million in December 2006 and was admit

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