Wednesday, 2 December 2015
Last updated 6 hours ago
Oct 9 2013 | 9:58am ET
Allianz Global Investors has brought a former employee back from a hedge fund to take over an Asian stock strategy.
The firm will hand its £36.2 million Total Return Asian Equity Fund and an offshore fund to Pan Yu Ming, who returned to Allianz this week, Financial News reports. He will succeed Raymond Chan, chief investment officer for Asia-Pacific equities at the firm, who has managed the fund for the past three months. The fund is down 4.3% between April and September of this year.
Chan will now serve as deputy manager under Pan Yu Ming.
Pan Yu Ming formerly managed two other funds for Allianz before moving to CSOP Asset Management in 2010.
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…