Nicholas Allan backs GNY Asia Fund

Nicholas Allan, who co-founded Boyer Allan Investment Management in 1998, is coming in as an investor and adviser to the new GNY Asia Fund, portfolio manager Amit Sharma told Bloomberg. The GNY fund, a long/short Asian equity fund that started tradingin December, will get the majority of its seed money from strategic investors in the Middle East, Sharma said, without identifying them.

"It's difficult to get money from Asian investors at the moment and we are not even targeting them," said Sharma, who will lead the fund with Vivek Doval. "Our conservative risk-return approach is mainly geared toward Western investors." Boyer Allan liquidated in 2012. Joseph Rotter launches $209m hedge fund at Neuberger Berman

Former Citadel top executive Joseph Rotter has launched $209m hedge fund at Neuberger Berman in the latest effort of the asset management firm to expand into alternative investments space, http://fortune.com/2016/12/17/citadel-rotter-hedge-fund-berman/reported Fortune. Rotter, a protégé of Ken Griffin, began trading his Principal Strategies Group in late October... Rotter said he believes President-elect Donald Trump's administration would be food for hedge funds, particular funds that bet on corporate deals. He joined Neuberger in February this year and is based in the Chicago office of the company. No line space here Full article by K. Manalo here

Commodities World Capital returned 9.9% net in November

London-based Commodities World Capital returned 9.9% net in November, its third month of trading. That brings its year-to-date returns to 10.07%, according to an investor letter http://uk.businessinsider.com/commodities-world-capital-hedge-fund......................

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