Friday, 3 July 2015
Last updated 9 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…