Sun, Dec 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Theodore Shou claims 'abundant opportunities’ for China-focused hedge funds

Tuesday, March 25, 2014

Komfie Manalo, Opalesque Asia:

There are "abundant opportunities" for China-focused hedge funds and the sector is headed to continue outperforming its peers, said Theodore Shou, Hong Kong-based chief investment officer at fund of hedge fund manager, Skybound Capital.

He told Forbes.com, "Nowadays, investors are flooded with negative news on China: concerns of a financial crisis, a property bubble, and so on. But we actually see abundant opportunities in China."

He noted the current thrust of China’s new leader President Xi Jinping who has accepted a slower growth rate of about 7% for a more sustainable future. China-focused hedge funds delivered 16.1% gains in 2013 compared to 0.1% registered by the Hang Seng Index. The average hedge fund returned 8% in 2013, according to Eurekahedge.

Eurekahedge added Asian managers outperformed their global peers last year as Greater China focused hedge fund managers delivered their sixth consecutive month of positive returns, up by 1.39%. The Eurekahedge Asia ex Japan Hedge Fund Index gained 13.47% for the year, outperforming the MSCI Asia ex Pacific.

Shou went on to say, "Such performance dispersion between hedge funds and the market is nothing new. It was in e......................

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  3. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  4. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  5. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c