Monthly Archives: November 2011

The newly launched HFRX Korea Hedge Fund Index gained +8.3% in October.

Barun Agarwal (ex-DKR Oasis) has set up Factorial Management in Hong Kong and will launch a pan-Asian multistrategy hedge fund in January.

Tanvir Ghani has resigned as head of cap intro in Asia-Pacific at Goldman Sachs’ prime brokerage. Laurianne Curtil has been promoted to take over Tanvir’s Hong Kong-based role.

Connecticut-based Aladdin Capital, in which Mitsubishi Corporation has a 19.5% stake, is planning to sell its corporate credit hedge fund and bankruptcy-loan funds to MC Asset Management which will be a joint venture of Mitsubishi (80%) and Aminkhan Aladin (20%), founder of Aladdin Capital.

Takaaki Yoda has left Cadogan in Tokyo to join Pension Fund Management Consulting Co., Ltd.

Nobuhito Nieda has left Goldman Sachs to join Blackstone’s Park Hill unit in Tokyo.

Takafumi Yano has left his post as managing director of investments at the Bridgestone pension fund. He has joined fund of funds manager K2 Advisors as chief officer of its K2 Pension Investment Research Institute.

BFC Asset Management’s annual hedge fund seminar for Japanese pension funds again drew a full house at the Imperial Hotel in Tokyo. Japanese pension funds are showing an increased appetite for hedge funds as well as other alternative investments as just allocating to traditional investments such as JGBs and Japanese equities is no longer good enough.

The first annual hedge fund awards gala for Asian quantitative hedge funds will be held in Hong Kong on 15th December in conjunction with the Battle of the Quants conference.

Wessex Asset Management in the UK is closing three hedge funds, including an Asia-Pacific strategy, due to heavy losses and shrinking AUM.