Pinebridge poaches SSGA’s EMEA CEO; UOB AM launches digital advisory service; Mirae Asset to launch alternative fund in India; Vietcombank/Templeton funds see AUM double; SSGA creates head of Korea role; India- and China-focused hedge funds are strongest performers; and more…
Unigestion’s quant fund aims to put right exactly what investors have found to be wrong with hedge funds – lack of liquidity and transparency and high fees and low performance, according to Joan Lee, vice president and investment manager for cross-assets solutions at the boutique fund house.
GSAM’s relative value strategy plays on movements between countries rather than typical market dynamics, according to Jonathan Xiong, head of the firm’s alternative fixed income strategies.
This week… Firm news Two hedge fund firms had their asset management licences removed last month in Hong Kong, according to records from the Securities and Futures Commission. They are Owl Creek Hong Kong, which first received its licence in May 2011, and Wakestar Advisors, which received its licence in December 2010. US-headquartered Owl Creek […]
Valuations of traditional asset classes have become expensive, and diversifying with alternative assets can still be done relatively cheap, according to industry sources.
Harvest launches an ETF in China; Malaysia’s Am Invest rolls out a feeder fund; Schroders completes acquisition of PE firm Adveq; Willis Towers Watson creates APAC financial solutions role; GAM poaches from Schroders for Japan sales role; Newton Investment Management introduces new management structure; and more…
Asia-Pacific investors allocated $202bn to hedge funds in 2016, up from $180bn a year earlier, according to a Preqin report.
Thailand’s Securities and Exchange Commission (SEC) has issued a regulation allowing asset managers to set-up hedge fund-like products for domestic institutional and high-net-worth investors.
Robert Mullane, managing director in the alternative investments and manager selection group at Goldman Sachs Asset Management, discusses hedge fund fees and his fund of funds strategy.
Xu Xiang, dubbed ‘Hedge fund brother no.1’ in China, was put in prison for five-and-a-half years and fined a reported RMB 11bn ($1.6bn), for market manipulation.
Part of the Mark Allen Group.
