{"id":41990,"date":"2014-05-07T06:44:49","date_gmt":"2014-05-07T10:44:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=41990"},"modified":"2014-05-07T15:26:51","modified_gmt":"2014-05-07T19:26:51","slug":"gemfonds-global-emerging-market-hedge-fund-launch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2014\/gemfonds-global-emerging-market-hedge-fund-launch.html","title":{"rendered":"GEMFonds Global Emerging Market Hedge Fund Launch"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/01\/download1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-40131\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/01\/download1.jpg\" alt=\"\" width=\"234\" height=\"215\" \/><\/a>New York (HedgeCo.Net) &#8211; A team of seasoned investment veterans plan to launch a Global Emerging\u00a0Market hedge fund for Gemfonds Plc by the end of the summer according to Chief Executive Daniel Broby.<\/p>\n<p>Bent Kristensen, former Chief Portfolio Manager at Nordea Investment Management, will lead a Global\u00a0Emerging Markets strategy designed to appeal to investors that want long term exposure to BRIC and the Next Eleven, whilst hedging downside risk.\u00a0His team includes Daniel Yates CFA, whose experience with CDS and other\u00a0forms of downside protection compliment Mr Kristensen&#8217;s three\u00a0decades of experience.<\/p>\n<p>The fund&#8217;s top down strategy will be performed\u00a0by Said De Saque, an economist with a similar number of years under his\u00a0belt working for top US investment banks. The risk officer, Gohou\u00a0Danon, formerly of Silk Invest, will assist Kennet Haslund, the Chief Operating Officer to monitor exposures and positions. Mr Haslund helped\u00a0set up the first regulated and listed hedge fund in the Danish market\u00a0for Bankinvest. The fund will have a low volatility, due to itscombination of equities and high yield emerging market bonds.<\/p>\n<p>The fund will be set up in Luxembourg as a UCITS IV structure. It will\u00a0not utilize leverage. Initial seed capital is expected to be a modest\u00a0Euro 20m. The fund aims to grow this through marketing effort to &#8220;at\u00a0least Euro 50m&#8221; by the end of the year.<\/p>\n<p><span style=\"color: #000000;\">Alex Akesson<\/span><br style=\"color: #000000;\" \/><span style=\"color: #000000;\">For\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a><span style=\"color: #000000;\">\u00a0is a premier\u00a0<\/span><a style=\"color: #ff4b33;\" title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a><span style=\"color: #000000;\">\u00a0and community for qualified and accredited investors only. Membership in\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><span style=\"color: #000000;\">\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a><span style=\"color: #000000;\">!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; A team of seasoned investment veterans plan to launch a Global Emerging\u00a0Market hedge fund for Gemfonds Plc by the end of the summer according to Chief Executive Daniel Broby. Bent Kristensen, former Chief Portfolio Manager at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,3],"tags":[],"class_list":["post-41990","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-launches","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=41990"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41990\/revisions"}],"predecessor-version":[{"id":41993,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41990\/revisions\/41993"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=41990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=41990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=41990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}