Mon, Sep 23, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

OPIM to launch Button Growth Fund

Monday, September 02, 2019

B. G., Opalesque Geneva for New Managers:

OP Investment Management (OPIM), Asia's leading emerging hedge fund platform, is partnering with Hong Kong-based Button Investment Management to launch Button Growth Fund, a long/short equity hedge fund that primarily invests in U.S., Hong Kong, and mainland China markets. The Fund is managed by Mr. Yunye Lu, who draws his approach from his poker playing and risk management experience.

Before launching the Fund, Mr. Lu was a portfolio manager at HJY Capital Advisors, where he managed a long/short equity fund for three years. He began his career at Daiwa Capital as an equity analyst. Before transitioning to asset management, he was a software engineer.

Mr. Lu was also a professional poker player from 2012 to 2016, participating in cash games and tournaments around Asia; he got to second place in one of the leading regional competitions.

Fund strategy: a choice of risk

The Fund is Cayman-domiciled and for professional investors only. Applying a fundamental bottom-up approach, the portfolio will target cyclical and strategically sound companies which exhibit economic moat. It will also short stocks that are overvalued or show deteriorated upward momentum.

"While we maintain a dynamic approach to portfoli......................

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. Albright Capital builds on emerging markets impact strategy, signs on to IFC principles[more]

    Bailey McCann, Opalesque New York: Albright Capital has adopted the International Finance Corporation's Operating Principles for Impact Management. The firm has also developed its own impact measurement system as part of the implementation of the principles. The IFC's principles were

  2. Investing: Hedge funds getting burned as growth stocks trounced by value, Why investors are prioritizing health care in a big way, Fannie, Freddie soar as hedge funds score wins on two fronts[more]

    Hedge funds getting burned as growth stocks trounced by value From Bloomberg: A hedge-fund favorite is rapidly losing ground in the stock market just as one of the industry's least-loved sectors picks up. Growth stocks, generally companies that are seeing rapid profit increases, have drop

  3. PE/VC: Supersized unicorn: Root Insurance leaps to $3.65bn valuation with $350m round[more]

    Root Insurance is now valued at $3.65 billion after a $350 million funding round - the largest single venture capital round ever in the state. The 3-year-old auto insurer, now the startup with the highest valuation of any in Ohio, has raised a cumulative $523 million in VC and another $100 mi

  4. Testing hedge performance when stocks crash[more]

    Bonds have historically been a reliable buffer for stock exposure. But low yields and potential reversion to a more positive stock/bond correlation would likely translate to less protection. Gold has been a solid crisis hedge but has experienced long stretches of negative inflation-adjusted returns.

  5. PE/VC: The FBI is investigating a venture capital fund started by Peter Thiel for financial misconduct, Why venture capital firms need more women partners and entrepreneurs[more]

    The FBI is investigating a venture capital fund started by Peter Thiel for financial misconduct From Vox: Federal investigators are probing the conduct and practices of Mithril Capital, a venture capital firm co-founded by Peter Thiel, Recode has learned. US officials - including t