Friday, 28 October 2016
Last updated 17 hours ago
May 18 2007 | 10:59am ET
Hong Kong and Kuala Lumpur, Malaysia-based AIMS Asset Management will launch a long/short Greater China fund in June.The new hedge fund offering was seeded with USD$15 million by GK Goh Holdings, Singapore financial services company, and AIMS.
The fund’s strategy and style will be very similar to that of a structured product dubbed AIMS Absolute China Certificate, which has over the past three-and-a-half years achieved 25% annualized returns, according to the firm.
AIMS’ China Certificate was a collaboration with ABN AMRO to provide German retail investors with exposure to a single-manager hedge fund strategy.
Terry Wainwright, who also managed the certificate product, will serve as the portfolio manager for the new China Fund.