Hong Kong Hedge Fund Suspends Redemptions On Credit Offering

Dec 1 2008 | 4:23pm ET

Hong Kong-based Income Partners has suspended redemptions on its Asian Credit hedge fund, citing “extreme volatility in the financial markets."

The firm, founded in 1993 by Emil Nguy and Francis Tjia, said it has temporarily suspended subscriptions and redemptions for the fund “as a result of the recent financial turmoil” effective Oct. 23 until further notice.

The Asian Credit hedge Fund was launched February 2002 to focus on relative value long/short credit trading.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...