UOB Kay Hian, one of Singapore's largest local stockbrokers, has partnered with boutique fund manager Aisling Analytics to launch The Merchant Commodity Fund, a relative-value commodity fund with an Asia focus.
The fund was launched on June 21, seeded with $10 million by two Swiss family offices.
UOB Kay Hian is the fund manager, and will take responsibility for the business side of the fund, including risk management and operations. The fund advisor handling the portfolio, Aisling, was founded by two ex-Cargill Investor Services traders, Mike Coleman and Doug King.
UOB Kay Hian director Paul DeVierno says the Merchant fund takes a...
