Yuan Wang

Yuan Wang has become a partner in charge of investor relations at Hong Kong-based Dantai Capital, a value-focused, research-intensive equity long/short fund focused on Greater China and the US. Wang was most recently a portfolio manager at family office Boya Asset Management and before that a PM at China Merchants Asset Management. Earlier in her career she had stints at JP Morgan, Income Partners Asset Management, Credit Suisse and Lehman Brothers.

According to Eurekahedge, at the end of April, year-to-date Asia ex-Japan managers were up 7.12% with underlying Greater China and Indian managers up 8.73% and 13.89% respectively. Japan focused funds were up 2.04%.

Is the Asian hedge fund industry changing?

One interesting and seemingly growing trend in the Asian hedge fund industry is the flow of experienced professionals moving from investment roles into marketing, sales and investor relations roles. Frontline people who really understand investment strategies is probably a good idea, but sales and marketing is a profession in itself requiring a different skill set. Those making the switch need to quickly master their new roles or it will end in tears and no AUM growth. Is this a mere fad or a new direction for the industry?

New York-headquartered hedge fund Owl Creek Asset Management is shutting down its Asian funds as a result of portfolio manager Chris Wang having left the firm.

Adrian Worth

Mercer in Hong Kong has recruited Adrian Worth for a manager research consultant role. Worth was most recently an investment analyst at private equity firm Cassia Investments. Before relocating to Hong Kong in 2015, he was an investment director and hedge fund manager researcher at Cambridge Associates and a hedge fund performance analyst at Man Group in London.

Christine Ravioli

Christine Ravioli has joined Synergy Fund Management in Hong Kong as a co-portfolio manager and senior analyst for global strategies. She has spent the bulk of her career with Pictet in Geneva as a senior hedge fund analyst and portfolio manager.

Asuka Kaminaka has joined CQS in Hong Kong as a Japan client relations manager. Most recently Kaminaka was a marketing director at LIM Advisors. Prior to LIM she was working in business development at Harvest Global Investments. Earlier in her career she had stints at Asian Development Bank in the Philippines and at Deutsche in Tokyo and Singapore.

Katarina Royds

Katarina Royds, one of Ascalon Capital Managers’ responsible officers in Hong Kong, has been appointed a non-executive director of global equity manager Morphic Asset Management in Sydney. Prior to joining Ascalon in 2013, Royds worked in IR for Senrigan Capital Group. Previously she has worked at Cannizaro Capital, Banca Esperia, Credit Agricole and Aurum Funds.

David Lam

Carret Private Investments, the Hong Kong-based Asian arm of Carret Asset Management, a multi-billion dollar investment manager in New York, has hired David Lam and Calvin Hsu. Lam joins Carret as chairman of the advisory board of its asset management subsidiary. He was most recently Head of North Asia for Coutts Private Bank and Head of Asia Pacific at GAM. Hsu joins Carret’s wealth management business, QL Asset Management, as a partner and Head of Greater China. He is a former regional head for Citi Wealth Advisors and has also worked at Salomon Smith Barney and Merrill Lynch Global Wealth Management. Carret continues to grow their Asian multi-family office business, particularly in response to the needs of the Greater China market.

Calvin Hsu

Adrien Blavier and Antsa Razafintsalama at the Singapore Hedge Funds Club

Adrien Blavier has launched the Quadratus global macro strategy on the Gordian Capital platform in Singapore. Having earlier run the strategy as a managed account, the commingled fund was launched on 1st March. Quadratus manages a balanced portfolio, diversified globally across three asset classes – equities, fixed income and currencies. The strategy focuses on asset class allocation rather than single security selection and will typically hold 20-40 exchange-traded funds and certificates, offering cost-efficient exposure to multiple asset classes globally, together with index futures and listed options, providing hedging overlay opportunities. Prior to setting up Quadratus, Blavier most recently worked at Galena Asset Management, the private investment arm of the Trafigura Group. Earlier he was at Banco Santander, Barclays Capital and Bear Stearns. Quadratus has also hired Antsa Razafintsalama as a multi-asset quantitative analyst. She has previous experience from Credit Agricole, BNP Paribas and Natixis.