Monday, 28 July 2014
Last updated 1 hour ago
Apr 3 2008 | 2:00am ET
Marco Polo Pure Asset Management has launched a new hedge fund, allowing it to explore investments outside of the Chinese mainland.
The firm, whose US$170 million China Fund has enjoyed double-digit returns for the past two years, is set to begin trading its Pan-China Master Fund today.
The new fund, unlike its predecessor, will invest in Hong Kong-listed companies and China-related securities trading overseas, while the China Fund invests entirely in domestically-traded Chinese stocks. At launch, just about one-fifth of the Pan-China fund’s US$20 million in assets will be invested in the Chinese mainland.
The firm has another US$20 million in assets coming into the fund on May 1, and expects to add another US$10 million to that by June 1.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…