Due to government restrictions and social distancing recommendations, all our networking events in Tokyo, Singapore, Hong Kong and Australia are currently on hold. We are monitoring the situation and hope to be able to resume our event schedule soon.
Shout It Out Loud
Asia-related hedge fund industry news
Hedgefundsclub.com’s Shout It Out Loud section is your best source for Asia-related hedge fund industry news.To contribute news stories, please email: email@example.com.
Yvonne Siu has joined Raffles Family Office as Group COO. Yvonne has spent the bulk of her career at Credit Suisse, most recently as COO APAC for its quant fund business. She started her career as a tax consultant at PwC in Hong Kong.
Leonie Kelly has joined offshore law firm Ogier in Hong Kong as Head of ESG and Impact Advisory. She joins from Sustainable Finance Initiative where she was a Partner. Her career has also included stints at the Zoological Society of London, Deloitte and Citi.
Nicholas Ng has left his role as Head of Family Office Funds at Abacus Capital in Singapore to join Haitong International as VP, Institutional Equity Sales. Earlier he as worked at National Australia Bank, S&P and Oxford Economics.
Alex Ng has left Aberdeen Standard Investments in Singapore. Prior to joining Aberdeen in 2015, he worked at Lion Global Investors, Reliance Asset Management, Superfund, Doric Capital and Eurekahedge.
Eric Yee has been appointed Portfolio Manager at SingAlliance in Singapore. He was most recently an Associate Portfolio Manager at Kiara Advisors. Earlier he worked at DBS Vickers and Great Eastern Life Assurance.
Yuji Uchiyama has been appointed COO of Japan Post Investment Corporation. He was most recently a director of CFM in Tokyo and earlier had roles at BlackRock and Bank of Tokyo-Mitsubishi.
Elisabeth Thom has left her role as a Partner at Flowering Tree Investment Management in Singapore. She had been with the firm since 2009. Earlier she has worked at JL Capital, Ferox Capital Management and Goldman Sachs.
Jenya McGuigan has joined Torq Capital Management in Hong Kong in an IR role. She was most recently in IR at Doric Capital and has previously worked at Navis Capital Partners.
The Eurekahedge Greater China Hedge Fund Index was down 1.59% in September, outperforming the Hang Seng and Shenzhen Composite by 5.23% and 4.77% respectively. Greater China hedge funds gained 9.29% return in Q3, bringing their cumulative return since end-March to 27.38%.
Global hedge funds were down 0.76% in September and up 3.86% in Q3 2020. In terms of year-to-date returns, the Eurekahedge Hedge Fund Index was up 3.22%, outperforming the MSCI ACWI (Local) by 4.24%. Around 60% of the Eurekahedge Hedge Fund Index’s constituents have outperformed the global equity market in 2020. Assets under management for the global hedge funds industry have rebounded increasing by US$120.0 billion over the six-month period ending September 2020. This has come from performance-driven gains of US$122.8 billion partially offset by net investor outflows of US$2.8 billion. This marks a sharp recovery following US$264.1 billion asset decline in Q1 2020.