Showing posts with label Lugano. Show all posts
Showing posts with label Lugano. Show all posts

Monday, 22 June 2015

RP CLIENT PRESS RELEASE ON OIL PRICE. 18th June 2015

OIL TO RISE ABOVE $82 PREDICTS SWISS-BASED HEDGE FUND

Insch Capital Management, a Lugano-based alternative investment manager, has formally predicted that Brent Crude Oil will trade above $82 per barrel by February 2016.  The prediction forms the conclusion of the June 2015 Insch Oil Report and is based on the analysis of a series of technical, chart-based and fundamental indicators such as Relative Strength Index, Moving Average, Fundamental Analysis of Oil Supply & Demand, and data on the speed and strength of recovery from price lows over the period 1986-present.

Among other portfolios, Insch Capital is the manager of the Insch Black Gold Fund (winner of the 'Commodity Deal of the Year Award' for 2013), a secured investment derived from oil revenues from Canadian oil properties.  The Fund is structured to provide an annual return of 9.6% (paid quarterly) with additional returns in favourable market conditions.

The manager said, "We have a number of properties that we are currently considering addint to our portfolio [as a result of our price analysis].  If completed, these acquisitions will substantially increase not only our operating rig count but also our proven reserve.  In turn this increase our interest coverage ratio."