Azentus, Myriad Up Double-Digits

Jan 15 2014 | 3:29pm ET

Two of the most prominent members of the Asian hedge fund industry's class of 2011 are at last living up to their hype.

Myriad Asset Management returned 20% last year and Azentus Capital Management 16.4%, Bloomberg News reports. The returns are the best-ever for the Hong Kong hedge funds, which manage $2.4 billion and $840 million, respectively.

Myriad was founded by former Highbridge Capital Management Asia chief Carl Huttenlocher and Azentus by former Goldman Sachs proprietary trading head Morgan Sze. The funds returned 7% and 1%, respectively, in 2012.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of