Tuesday, 1 December 2015
Last updated 4 hours 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…