While Investorazzi.com gives readers a ringside seat to the activities of the world’s greatest investors, London-based Barclays PLC will start selling a new fund Monday in Hong Kong that will allow investors there to invest alongside these legends. According to Bloomberg’s Bei Hu tonight (and worded for tomorrow’s publication):

Barclays Plc started selling a new fund in Hong Kong today that will invest in companies, funds and commodities owned by “investment legends” including Warren Buffett, Jim Rogers, Mark Mobius and Bill Gross.

The fund, the first of its kind in the city, aims to give Hong Kong investors an opportunity to “share the performance and investment insights of a group of investment legends and successful companies in one fund,” said a marketing brochure.

Hong Kong
Source: stock.xchng

The Bloomberg reporter talked about the composition of the fund as well. Hu wrote:

The legends fund will initially invest 40 percent of its assets in equities, 20 percent in fixed-income products and 40 percent in commodities, the document said. The equity investments are expected to include shares of Buffett’s Berkshire Hathaway Inc., Black Rock Inc., the largest publicly traded U.S. money manager, and Leucadia National Corp., a holding company with interests in insurance, wine and real estate, it said.

Bond investments will include the PIMCO Total Return Bond Fund, managed by Gross, and the Lehman Global Aggregate Bond Index Total Return fund. It will also buy commodity products including Rogers International Commodity Index Total Return, and the DJ AIG Commodity Index.

Source:

“Barclays Begins Sale of ‘Investment Legends Fund’ in Hong Kong”
Bei Hu
Bloomberg, March 30, 2008

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