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Swiss-Asia expands hedge funds portfolio

Monday, April 25, 2016
Opalesque Industry Update - Swiss-Asia has unveiled new funds on the fund management platform as it continues to expand in Singapore and Hong Kong.

Credence Global Fund

To strengthen the funds position in the international investment community, Splendor Capital Management (HK) Ltd has come to an agreement to join forces with Swiss-Asia to deliver institutional grade management and achieve operational excellence for the Credence Global Fund. Its current AUM is USD 150 million, with eight years of audited track record and an annualized performance of +18.9%.

Assisted by Head of Trading Iris Huang, Chief Investment Officer Mr. Ruhong Huang will manage the fund using relative value trading, which is the process of identifying and capturing likely changes in the price relationship between related or similar assets in the same or different markets.

Mr. Ruhong Huang, Chief Investment Officer at Credence Global says, “With this investment strategy, we have achieved stable, absolute rates of return while minimizing the risk of capital loss through relative value commodity and financial trading in and among China, the US and other world markets.”

Mr. Ruhong Huang has been trading Chinese and international financial and commodity markets for 18 years. His trading life started in the 1990s when China first allowed cash equity and commodity futures trading.

Shanti Indiasean Fund

Swiss-Asia and French asset management firm Twenty First Capital have signed a Memorandum of Understanding to become the Sub-Investment Manager of the IndiAsean Fund. Wen Zhang-Goldberg has been hired as the Portfolio Manager for the Fund.

Zhang-Goldberg started her career in 1996 as a proprietary trader with Banque CPR in Paris and London, specializing in emerging local markets, trading local currency denominated debts, FX and derivatives. After joining Carmignac Gestion in Paris to manage the emerging market equity fund Carmignac Emergents in 2001, she became Head of Emerging Markets, supervising an AUM of €2 billion. Among other distinctions, her fund received the Lipper Fund Award in 2006 and 2008. In early 2008, Zhang-Goldberg took time off from the financial markets to pursue academic research and a PhD degree.

Zhang-Goldberg adopts an informed yet opportunistic approach towards managing the fund. Combining top-down and bottom-up analysis, Shanti IndiAsean Fund will look for absolute performance in equities listed in India and ASEAN.

Ms. Wen Zhang Goldberg, Portfolio Manager at Shanti IndiAsean Fund says, “We will conduct onsite company visits to have a better understanding of the operations, which will also give us first-hand experience of how the country’s economy is really doing. With these information, we will hedge the fund to preserve the capital, in case of severe market corrections.”

In line with expanding the fund management platform in Singapore and Hong Kong, Swiss-Asia also hosts Cap Intro events in both cities, providing more investor access to rising alternative funds in Asia. Earlier in April, Swiss-Asia hosted the first Cap Intro event in Singapore. This attracted substantial interest, with the event reaching full capacity for accredited and institutional investors.

Mr. Steve Knabl, Chief Operating Officer and Managing Partner at Swiss-Asia said, “We look forward to growing the Swiss-Asia fund management platform with highly experienced Fund Managers Ruhong and Wen. As investor interests gain momentum across Asia, we will continue to expand our operating platforms to help more independent fund managers achieve investor confidence by offering robust frameworks in hedge funds operations.”

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