New Asian Fund Off To Strong Start, Relatively

Nov 14 2008 | 1:10am ET

One new Asia-focused hedge fund has so far managed to skirt the woeful slide afflicting its peers in the region.

Bronte Investment Management’s Asia Pacific Fund debuted on Aug. 1 and has returned 0.35%, Asian Investor reports. It might not seem like much, but the average Asia-focused fund is down by double-digits this year.

Bronte’s strategy features bottom-up fundamental stock-picking, with a country-analysis overlay. The fund typically includes between 50 and 80 names, with gross exposure of between 80% and 150%. The fund charges a 2% management fee and 20% performance fee with a high-water mark. There is no lock-up period and the fund features monthly liquidity.

Singapore-based Bronte was founded by Morgan Stanley veteran Paul Kitney. At Morgan, he ran pan-Asian long/short equity strategies from New York, Tokyo and Hong Kong. The firm also features Michael Phang as trader and risk manager, Creo Capital veteran Robyn Sim running operations and administration, and former Abacus Capital equity analyst Irvine Chiam as an analyst. Kitney plans to add two other analysts to the team.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.