Thursday, 23 October 2014
Last updated 13 hours ago
Jul 14 2014 | 9:15am ET
Gerald Kok, a former fund manager at Macquarie Group, is readying his own hedge fund.
GSK Global Fund will invest in U.S. and Asia-Pacfic firms going through corporate events like mergers or divestments and with share prices running at a significant discount to fair value, Kok told Bloomberg.
Kok runs Singapore-based G&S Asset Management with Susan Xiao who will also launch a fund this year. Together, the two funds will manage $10 million.
“We will be flexible and go where the compelling investment opportunities are,” said Kok. “While we prefer to have catalysts in our investments, it is not absolutely necessary as long as it’s cheap enough.”
Kok was previously a vice president at Macquarie in Singapore. His prior career included stints with Credit Suisse Group’s investment-banking division and hedge fund Gruss Capital Management in Hong Kong.
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…
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