Mon, Sep 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Topni’s Asia Pacific long/short equity fund returns 15% in first three years, bets on small and mid cap stocks inefficiencies

Tuesday, January 28, 2014

amb
Benedicte Gravrand, Opalesque Geneva for New Managers:

The Topni Pacific Century Fund, L.P. is a fundamental long/short equity hedge fund managed by Ms. Jiyoung Kim in the firm that she founded in 2010, Topni Capital, in New York. A biochemistry graduate born in South Korea, Ms. Kim started investing in the global technology sector in the late 90s and transitioned to Asian equities a decade later. She worked at PIMCO, JK Capital and Royce Funds.

The fund was up 3.74% in December and 22.35% for the year. Incepted in late November 2010, the fund has returned 30% gross and 15.33% net since then, compared to 7% for the Morgan Stanley Asia-Pacific Index (MXAP) and 5% for the Morgan Stanley Asia-Pacific Small/Mid Cap Index.

It invests primarily in companies domiciled in China, Hong Kong, Japan, Taiwan, Singapore and South Korea (and at times in other Asia Pacific countries and Australasia) - and prefers small/mid-cap stocks in high value-add segments of the market (healthcare, technology, industrial, financial and consumer products and services). Kim places the fund’s positions into four boxes to grade their level of confidence.

"The fund is really about investing in the emerging high value-added industries in Asia," Ms. Kim explains to Opalesque. "Asian investment strategies in the past were largely large cap, commodities, maybe telecom, utilities driven strategies. What we do is fe......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  2. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  3. Opalesque Exclusive: Modern investor tools (2): A platform that does the job for you[more]

    Benedicte Gravrand, Opalesque Geneva: A new series on technology providers that assist asset allocators. There is disruption in the investor part of the world of hedge funds, coming from platforms that can replace traditionally-run search and analysis. Here is one of them. L

  4. Hedge funds saw four consecutive months of outflows in August, but assets still up by $17.6bn YTD[more]

    Komfie Manalo, Opalesque Asia: Hedge funds witnessed four consecutive months of outflows with investor redemptions totaling $23.8bn as of end of August, data provider Eurekahedge said in its monthly report. But total hedge fund assets grew by

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat