Sunday, 23 April 2017
Last updated 1 day ago
Aug 10 2007 | 11:04am ET
U.K.-based Fabien Pictet & Partners has launched an Asia ex-Japan hedge fund with seed assets from Jade Absolute Fund Managers. The FPP Golden Asia Fund is a Cayman Islands-registered Dublin listed open-ended investment company.
The fund, which will invest in Asia ex-Japan equities and fixed income, will join the firm's other hedge funds, the FPP Emerging Hedge Fund, Global Emerging Market Debt Hedge Fund, Seven Seas Emerging Europe and Middle East Fund, and the Korea and Taiwan single-country funds.
Joon Ho Byun, who currently co-manages the Korea fFund, will helm the new offering, while Jade director Marcus Dodd will become a consultant to Fabien Pictet.
”We believe that Asia will continue to be a source of growth as well as returns for the foreseeable future and should form an integral part of a diversified portfolio for institutional investors and high net worth individuals alike,” said Byun.
Fabien Pictet is a specialist fund management company focusing on both traditional and alternative investments in emerging markets.