Tag : charles wang

In the second of a two-part article about early-stage mainland asset managers setting up in Hong Kong, senior executives from two firms explain their business strategy.

The mainland fund house shuts its offshore emerging markets hedge fund less than two years after launch, following poor returns and low assets under management.

Many funds initially targeted the retail market in Hong Kong to raise their brand recognition, but are now wising up to the fact that demand is high among institutional investors.

After signing distribution deals with local banks, E Fund Management (Hong Kong) is awaiting approvals from mainland and HK regulators to launch a retail fund, likely a fixed income-equities hybrid.