RAB Opens Hong Kong Office

Oct 23 2007 | 7:34am ET

London-based hedge fund RAB Capital opened its first overseas office today, and made clear it has big ambitions for its new outpost.

On the eve of the opening of its Hong Kong office, RAB director of business development and distribution Rod Barker told Bloomberg News that the firm may double its Asian assets within a year, seeking to capitalize on China’s voracious demand for natural resources, RAB’s specialty.

The US$7.1 billion firm manages about US$1 billion in Asian assets, including a new US$50 million Asian fixed-income fund that debuted in July.

In addition to the new office, RAB has acquired a pair of asset managers focused on the region, including hedge fund Northwest Investment Management. Barker said the firm would consider further purchases in the future.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note