E Fund Shuts Emerging Markets Funds

Jan 15 2013 | 11:52am ET

E Fund Management has closed its two year-and-a-half-old emerging markets funds.

The E Fund Global Emerging Markets Fund disappointed both in terms of performance and capital-raising. It lost 2.8% in its first 12 months, and managed less than US$6 million at the end of last year, Asian Investor reports.

E Fund, the second-largest asset manager in China, also shut a long-only emerging markets fund at the same time. The firm had hoped to raise US$500 million for the two funds.

Both funds were managed by E Fund’s Hong Kong unit.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events