KUALA LUMPUR, May 16 (Bernama) -- Goehring & Rozencwajg, a natural resource investment firm, announced its UCITS fund, the Goehring & Rozencwajg Resources Fund (the Fund), has exceeded US$100 million in assets under management in the year since its launch in May last year. (US$1=RM4.68)
“The Fund is seeing outstanding growth on the backs of our large international audience, who finally had the opportunity to invest with us last year. We are excited to continue to drive returns for our investors at home and abroad.
“We believe we are at the beginning of the bull market across the spectrum but choosing the right sectors to commit capital in the short to medium term is critical for investors who wish to capture the attractive returns available,” said its Managing Partner, Adam Rozencwajg.
According to a statement, the Fund has been available for qualified investors in the United Kingdom (UK), Switzerland, Hong Kong and Singapore.
Application has been made to launch a UK feeder fund for the UK retail market and the Fund is undergoing registration for distribution in Germany.
Utilising the same investment philosophy as the United States-based Goehring & Rozencwajg Mutual Fund, the Fund invests predominantly in natural resource equities, including small- and mid-cap companies that they believe will be the biggest beneficiaries of any increase in the underlying commodity prices.
Notably, no seeding was used to reach this goal, and the rapid organic growth of the fund may be attributed to the large global following that Goehring & Rozencwajg has accumulated over the years in the commodities markets due to their research and thought leadership.
-- BERNAMA
Thursday, May 16, 2024
GOEHRING & ROZENCWAJG RESOURCES FUND REACHES US$100 MLN MILESTONE
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