Prime Cap Boosts Assets, Performance

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.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note