Hong Kong, Hong Kong S.A.R. Oct 21, 2019 (Issuewire.com) - Independent financial and advisory firm Pennington Trading is delighted to announce that the Pennington Real Estate Investment Fund or REIF has grown an impressive 2.70 percent in the Third Quarter of 2019. The performance scale for the third quarter of 2019 was officially announced by Pennington in Kowloon, Hong Kong on the 18th of October. Adding to this success is the news that the company was able to pay off every outstanding dividend to their investors who had been stakeholders in their fund for at least one entire quarter.
Pennington Trading is a highly regarded company in the business spectrum of financial advice and has been practicing their unparalleled service list for various Asian government sovereign funds and pension systems for over 20 years now. With a systematic workflow that works for both private and institutional clients, their glory as one of the most efficient and elaborate cross-market financial mergers between Asia and Europe, especially in the industrial sectors has been outstanding throughout their corporate existence.
The Pennington Real Estate Investment Fund and Commodities Fund Q3 2019 performance have redefined their collaterals and advisory eminence all the more through categorical statistics, reviews, and quality assurance checks. The company objective aimed at curating a legally viable platform for investors to spread their business peripheries in the lucrative and rapidly- evolving real estate market of Asia. Their current business portfolio is a sizable one with over 60 REITs around Japan, Hong-Kong, Singapore, Thailand, Taiwan, Malaysia, and South Korea. Pennington’s REIF has always been consistent in their overall yields since the time of their formation in 2009.
As per the Third Quarter reports of 2019, Pennington Commodities Fund grew to an extended 5.32 percent. Their main commodity industries in metal, crude oil, and mining in affiliation with offshore drilling companies also add a feather to their business caps. Recently, they have expanded their mining operations across Mongolia and Kazakhstan that are estimated to mine over 3 million troy ounces of proven gold reserves. Pennington’s business outsourcing with these assets along with their investment strategies is set to contribute to their revenue over the next five years. With the minimum investment value of USD 25,000, Pennington Commodities Fund has adapted to the market trends to establish a feasible structure for prospects.
Pennington Fund is one of the biggest names in Asia as a multi and single-strategy hedge fund with an asset value of over two billion USD that is dispersed among six sub-funds and the in-house trading platform. Their relationship through funding and finance advisory policies with many Asian government sovereign funds and pension systems have been formulated over their 20 years of entrepreneurial experience in the market. Their team comprises of 30 dynamic professionals whose conviction and practical wisdom in fund management, risk management, analytical research, investor services, legal services, product development, infrastructural support, and compliance have made them stand out among their contemporaries. With a vision to globalize their universal objective of investment standards, Pennington Fund is expected to continue to thrive.
Media Contact
Pennington sales@pennington-trading.com 888.838.9302 Kwong Loong Tai Building No. 1016-1018, Tai Nam West Street, Kowloon http://fund.pennington-trading.com/
