Cayman based GHF Group reported today triple digit returns for its popular Resource Hedge Fund.
The sharp increase in the fund‘s value was driven primarily by the massive Gulf of Mexico oil leak and its effect on oil prices. President Obama‘s speech yesterday galvanized markets and investors alike into the realization that the fossil fuel industry will see permanent and wide spread changes shortly. According to the speech, government investment in alternative energy sources and greater regulation of fossil fuel use are imminent. These statements have had a significant impact on the spot price of crude oil.
The GHF Resource Hedge Fund incorporates a unique mix of options, futures and shorting contracts to maximize profits when prices take strong directional changes, which recently have become the norm. In the last 18 months, GHF funds have topped sector return rates across the board due to this unique approach.
Global Hedge Fund Group Ltd. (GHF Group) has been developing customized alternative investment solutions and providing corresponding advisory services since 2000. Our priority lies with hedge funds and private equity. GHF Group has also become a leader in providing funds in the life settlement industry. All products are designed to provide sustainable and above-average rates of return. Instability and risk are reduced by well-structured investment strategies whose clarity and success are established. Our team of competent professionals has the distinction of reliability, effectiveness and promptness. GHF Group's expertise in hedge funds is enhanced by a close association with leading research firms, successful hedge fund managers, and brokerage houses whose macro research gives its research team an edge in understanding world market trends, enabling them to make better hedge-fund allocation decisions. For more information, visit Global Hedge Fund Group‘s website at ghfgroup.net.
This news release may contain forward-looking statements, as defined by securities laws, including statements about the financial outlook and business environment. Any such statements are based on current expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this news release, that could cause actual results to differ materially are set forth in the company‘s current annual report and subsequent filings. They include risks and uncertainties relating to the pace at which GHF Group adds new clients or at which existing clients use additional services, the value of global and regional financial markets, and the dynamics of the markets GHF Group serves. GHF Group encourages investors to review filings in conjunction with this announcement and prior to making any investment decision. The forward-looking statements contained in this news release speak only as of the date of release, and the company does not undertake to revise those forward-looking statements to reflect events after the date of this release.