Fri, Mar 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

City Financial to launch Asia Macro fund, to be run by Geoffrey Barker

Monday, October 14, 2013
Opalesque Industry Update - City Financial Investment Company Limited (City Financial), the independent investment manager with approximately USD$1.3 billion assets under management, announces the launch of an Asian macro fund scheduled for the first quarter of 2014. The fund will be managed by Geoffrey Barker in a joint venture with City Financial Investment Company (Hong Kong) Limited from its offices at 8 Queen’s Road Central in Hong Kong.

Geoffrey was previously Director of Ballingal Investment Advisors (BIA) for more than seven years, where he set up and ran the firm’s BIA Pacific Macro Fund. During this period the BIA Pacific Macro Fund had an average annualised return of approximately 14.1% gross, 10.4% net (versus the MSCI World Index USD of 1.2% over the same period).* This performance won Geoffrey and his team awards from both Eurekahedge and Asian Investor including Best Asia Based Global Macro Fund.

Andrew Williams, Chief Executive, City Financial, says: “Geoffrey is one of the most respected managers in Hong Kong, with a strong track record. City Financial has long since recognised the potential of hedge fund managers based in Hong Kong and I look forward to working closely with Geoffrey to establish a strong presence for the group in this region.”

Geoffrey Barker says: "I am looking forward to being part of the City Financial team who share my investment values. With the help of my colleagues, I will do my best to protect investors' money while capitalizing on the opportunities that this diverse region offers."

City Financial has been active in Asia since 2010 from which time it has managed assets on behalf of UK institutional investors.

City Financial Investment Company (Hong Kong) Limited is a wholly owned subsidiary of City Financial Investment Company Limited.

The joint venture forms part of City Financial’s strategy to attract fund managers who are enabled and empowered to exploit opportunities in the capital markets, in order to capture real returns that both protect and grow investors’ wealth.

*Source: Bloomberg

Press release

City Financial is a growing London-based independent fund manager with experienced teams investing across a range of strategies for retail and institutional clients. www.cityfinancial.co.uk

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Patrick McCormack to shut down hedge fund Tiger Consumer[more]

    Komfie Manalo, Opalesque Asia: Patrick McCormack is shutting down his hedge fund Tiger Consumer Management after 15 years "to spend more time with his family," reported Reuters. Tiger Consumer ended February up 4.6% (+3.9% YTD) and assets roughly $1.4bn, reported

  4. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  5. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi