Lawrence Lo has been appointed COO of AM Squared in Hong Kong. AM Squared employs liquid relative value investment strategies across a broad range of assets throughout the Asia Pacific region using both systematic and fundamental approaches. Lawrence was earlier Deputy COO of Zentific Investment Management and prior to that Head of Operations at Azentus Capital Management. He has also had stints at Standard Chartered Bank, Goldman Sachs, Lehman Brothers and HSBC.

Max Franti

Max Franti and his team at Trendlab have joined Azimut Group’s AZ Investment Management in Singapore. Azimut is a global independent asset manager that regards competence and alignment of interest as keys to deliver higher performance to private and institutional investors. Max has previously worked at Axis Bank, CIC and BNP Paribas.

Carol Tang has joined Ekagrata Capital Advisers in Singapore as Manager of Operations and Compliance. She most recently had a similar role at Saga Tree Capital Advisors and earlier she spent time working for Cambridge Associates.

Michinori Kanokogi

Michinori Kanokogi has joined Nissay Asset Management in Tokyo as Chief Portfolio Manager. Most recently, he was Portfolio Manager at AQR Capital Management. Earlier he has worked at Russell Investments, Deloitte, UBS Global Asset Management and PwC.

Sébastien Cerbourg

Sébastien Cerbourg has become Co-Founder and Portfolio Manager at 1020 Capital Management, a multi-strategy vehicle, in Hong Kong. He was until last year Portfolio Manager at Three Stones Capital and earlier had stints at Golden Full Asset Management, SocGen and Accenture.

Alastair Kelly has joined Broadridge Asset Management Solutions in Hong Kong as Head of International Operations. He has previously had stints at Eze Software, Dealogic and Xayce.

Joffrey Dalet

Joffrey Dalet has set up Smile Research in Hong Kong and will serve as the firm’s CIO and Portfolio Manager. Smile Research will be active in the digital asset space. Most recently, Joffrey worked with quant volatility trading at Voltex Asia Capital, a firm he spent more than seven years with.

The Eurekahedge Greater China Long Short Equities Hedge Fund Index was up 8.40% in July, bringing its year-to-date return to 19.34%. Almost 20% of the managers have delivered returns in excess of 20% with the Top 3 managers gaining over 50% year-to-date. The faster-than-expected economic recovery of the Chinese economy as reflected from its strong PMI numbers and double-digit Q2 GDP growth, boosted the performance of the underlying equity market in the region.

Global hedge funds posted their fourth consecutive month of gains in July and are up 1.65% for the year versus a 3.61% decline for the MSCI AC World Index USD. Almost 20.2% of hedge fund managers have posted double-digit returns in 2020 despite a challenging start to the year, according to Eurekahedge. Assets under management for the global hedge funds industry have rebounded increasing by US$113.0 billion over the four-month period ending July 2020. This has come from performance-driven gains of US$103.0 billion and net investor flows of US$10.0 billion. This marks a sharp recovery following US$264.1 billion asset decline in Q1 2020.

Michelle Dick

Michelle Dick has joined multi-asset prime broker Invast Global in Sydney as a senior marketing advisor. As a marketer, Michelle has previously worked on major brands such as the Sydney Opera House, Perpetual, Museum of Contemporary Art Australia and WWF.