News Round Up

Strong performance from 36 South; New limited risk trading account

Tuesday, October 28th 2008, 5:00AM
Strong performance from 36 South
One of 36 South Investment Managers’ strategies reached another high in September.

The Kohinoor Series Two Fund returned 9% for the month and was up 28% for the year to date. It was also up 34% year on year. Current estimates put October’s performance up another 10%.

The strategy has been returning more than 18% for almost its entire seven-year track record.

The performance may be attributed to a “well-constructed, robust investment process put together with equal measures of perspiration and inspiration,” says Jerry Haworth, chairman and chief investment officer of 36 South.

New limited risk trading account


CMC Markets has launched a new Shield Account, which will provide improved risk management.

The new account will appeal to those who are slightly more risk averse, those just starting out or financial planners who want to enhance portfolio returns by incorporating CFDs (contracts for difference).

“This account can be used as risk management for those who have existing equity exposure. This will be ideal for long-term investors who want to protect their investment against short-term market volatility while gaining exposure to the long-term growth of their portfolio,” says Sargon Elias, general manager CMC Markets.

“It can also be used to enhance the returns from a physical portfolio, by using leverage to gain a larger exposure in the markets. The restrictions imposed by the account will ensure risk is minimized considerably,” he said.

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