Friday, 31 October 2014
Last updated 13 hours ago
Jan 15 2014 | 2:29pm 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.