Segantii Returns Power Push Over US$500M

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.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of