Below is a summary of the investment objectives for the funds under management.
Panah Fund is an equity long-short fund with macro overlay focusing primarily on Asia to drive returns, with global macro hedges to protect on the downside. The Fund was launched on 1st September 2013. Please refer to the Factsheet for more information.
Phoenix Gold Fund Ltd
Phoenix Gold Fund seeks to participate in the rise of the gold price. The Fund invests primarily in listed securities of companies whose principal business is gold mining, or whose income is primarily derived from gold mining or gold mining royalty. The Investment Manager attempts, through fundamental analysis and company visits, to identify companies with operational leverage to the price of gold. The Fund may also buy gold bullion, gold bullion futures contracts and call options on bullion, subject to the Investment Restrictions of the Fund.
Apollo Asia Fund focuses primarily on Asia, and despite a broad mandate has in practice invested unhedged and long-only since inception. It is currently not open for subscription, but further information may be found on the fund's own website at http://www.apolloinvestment.com.
Alwaha Fund Ltd
The Fund is a private equity fund which seeks to maximise long-term investment returns through capital appreciation and income. It is currently not open for subscription.