Thursday, 31 July 2014
Last updated 1 hour ago
Aug 24 2011 | 12:03pm ET
Prime Capital Management is benefitting from increased appetite for Asian hedge funds—and it isn't suffering from August's industry doldrums.
The Hong Kong-based firm's Dragon Billion China Fund is up 12.7% this year, including a 0.9% return through the first three weeks of August, Reuters reports. Most Asian stock indices are down by double digits this month.
The Greater China long/short equity fund can also boast a fatter bottom line in terms of assets under management: It's up to US$1.66 billion, an increase of nearly US$1 billion from the beginning of last year, when the Yijun Liu-helmed fund ran US$700 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…