{"id":7946,"date":"2008-06-23T00:00:00","date_gmt":"2008-06-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"iraq-hedge-fund-up-in-may-considers-soft-close","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/iraq-hedge-fund-up-in-may-considers-soft-close.html","title":{"rendered":"Iraq Hedge Fund Up In May, Considers Soft Close"},"content":{"rendered":"<p>FINalternatives- Godvig Capital&rsquo;s Iraq-focused Babylon Fund finished May up 2.7%, bringing its year-to-date gains to 5.2%. <\/p>\n<p>The fund&rsquo;s portfolio included stakes in hotels, banks and breweries last month, according to portfolio manager Bj&ouml;rn Englund, who said he has been solicited to take on board seats but has refrained from doing so.<\/p>\n<p>&ldquo;Our board policy stays for now, but might have to change in the future,&rdquo; he said. <\/p>\n<p>Last month, Englund said he continued to slowly add to the portfolio&rsquo;s Iraq Stock Exchange exposure because of the &ldquo;sizable inflow&rdquo; into the fund, and intends to soft close the fund later this year &ldquo;should assets rise faster than our target.&rdquo;<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.finalternatives.com\/node\/4689\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINalternatives- Godvig Capital&rsquo;s Iraq-focused Babylon Fund finished May up 2.7%, bringing its year-to-date gains to 5.2%. The fund&rsquo;s portfolio included stakes in hotels, banks and breweries last month, according to portfolio manager Bj&ouml;rn Englund, who said he has been solicited [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[462,67,648,698,1016,129,1018,1017],"class_list":["post-7946","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asian-markets","tag-chief-executive","tag-industry-group","tag-investment-portfolio","tag-ko","tag-losses","tag-new-business","tag-smaller-companies"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7946","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7946"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7946\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}