Sunday, 26 October 2014
Last updated 1 day ago
Apr 2 2012 | 1:25pm ET
Segantii Asset Management has more than doubled its Asia multi-strategy fund's assets—the hard way.
The Hong Kong-based firm's Asia-Pacific Equity Multi-Strategy Fund has seen its assets soar to US$550 million since the middle of last year. Most of that growth comes not from investors, however: Segantii earned 41% for investors over the period, Reuters reports, while most Asian hedge funds lost more than 8% and many smaller Asian hedge funds were forced to close their doors.
The asset growth has Segantii growing in other ways, adding four employees, inlcuding former Credit Suisse executive Kirtes Bharti as head of financing.
Segantii is up about 0.3% this year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.