|
|
From Precy Dumlao, Opalesque Asia:
Insynergy Investment Management Ltd will join forces with hedge fund manager GAM to launch a long/short China Fund. The Ucits III Insynergy Absolute China fund will be domiciled in Dublin, Ireland, and is scheduled for launch in mid-April, according to a company’s announcement. Michael Lai will run the fund with a completely unconstrained mandate (subject to UCITS regulations).
Spike Hughes, CEO and co-founder of Insynergy said: “China presents an exciting growth opportunity on a ‘5 years plus’ outlook. Few would deny this, but there are those who say we are entering a market bubble. We would say to those looking to participate in a robust growth opportunity, who are looking for double-digit return potential, to diversify away from bankrupt Western economies and to recoup investment losses, that the question they should be asking themselves is not whether this is necessarily the perfect time to be investing in the Chinese market, but whether they can afford to be out of China on any long-term view?”
Lai will be tasked to hold 15 to 70 positions in total, including 15 to 60 stocks long and up to 20 short. To preserve Lai's ‘alpha’ generating ability, the new fund has been limited to $250m.
The Insynergy Absolute China Fund will invest primarily in securities issued by companies with either assets in or revenues derived from the People’s Republic of China, and Hong Kong, and which are listed or traded on, or dealt in...................... To view our full article Click here
|
|
RSS
