2024-11-16 12:51:59
Author: Paragon Capital Management Singapore / 2023-07-28 00:13 / Source: Paragon Capital Management Singapore

Paragon Capital Management Singapore's flagship fund posts a net return of over 30 percent in 2019

Paragon Capital Management Singapore's flagship fund posts a net return of over 30 percent in 2019

SINGAPORE,Feb.20,2020 --Singapore's boutique asset management firm Paragon Capital Management Singapore has achieved 30.96% in net returns last year [1]. The outstanding performance brought about by the company's segregated portfolio – Paragon Alpha I,puts the business firmly in the top three percent of similar funds according to Eurekahedge and Bloomberg.

On January 21,2020,the fund's 2019 performance was ranked:

7thin Eurekahedge's Global Geographical Mandate and Multi-Strategy Investment Strategy category (Total: 365 funds)*

16thin Bloomberg's Fund Screening of Peer Group – Active Multi Strategy Hedge Fund category (Total: 581 funds)

"The Paragon Alpha I Fund was set up to showcase Paragon Capital Management Singapore's capabilities in asset management. With seed funding from longstanding clients and the lead portfolio manager's family and friends,the fund commenced investments in Q4 of 2018. Since its inception,the company has performed strongly and assets under management had also grown steadily over the past 15 months,with both new and existing investors adding new money in 2020," said Paul Lee,CIO of Paragon Capital Management Singapore.

Paragon Alpha I's success is based on:

An absolute return-oriented strategy investing primarily in global public securities markets

Seeking positive long-term performance in all market conditions

Employing derivatives and controlled leverage when appropriate

"Paragon Capital Management Singapore differentiates ourselves by placing our clients in the centre of what we do,every day,without compromise. This singular focus on doing what's best for our clients and investors allows us to provide the best possible investment advice and performance," Lee pointed out.

The company's approach entails a rigorous process of screening,analysis,execution,monitoring and risk management to attain positive long-term returns for investors.

Looking forward to the rest of 2020,the company said it remains optimistic amid the growing number of challenges plaguing the global economy.

"We remain positive on the global economic environment in 2020,notwithstanding black swan events such as the current outbreak of the COVID-19. Our expansion plans in ASEAN remain in place and we are confident of exceeding our targets." said Lee.

About Paragon Capital Management Singapore Pte Ltd

Established in September 2017,Paragon Capital Management Singapore possesses a Capital Markets Services License granted by the Monetary Authority of Singapore (MAS) and is an Exempt Financial Adviser. The company's investment team,which is made up of banking,wealth management and finance veterans,have been helping clients manage their wealth for more than two decades. The firm serves Accredited and Institutional Investors,and currently manages more than SGD 250 million in asset.

[1]https://www.paragoncapital.sg/our-fund/

*The ranking results were generated based on Eurekahedge Pte Ltd's Fund Ranking Tool

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Tags: Banking/Financial Service Mutual Funds

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