Azentus, Myriad Up Double-Digits

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…