Q1-2017 started off strongly with 2 new Fund launches in Singapore, 1 Managed Account in Hong Kong and 2 new Wealth Managers joining our Singapore Wealth Management platform.
FUND PERFORMANCE SNAPSHOT
The hedge funds on the Swiss-Asia Platform generally had an excellent start to 2017. Our Global Macro hedge funds kicked off the first quarter with a bang ! Prulev being up 21.90% and Salmon at 7.4%. Macro Hedge Funds seem to be having the most interest with investors due to the volatility of President Donald Trump’s economic policies may bring about. The new funds such as Ddraig and AVM have also had a very consistent start to the year. Ddraig having posted 5 months of track record with purely positive performance mainly attributed to its “Long Portfolio”. AVM also having 5 months of track record with 4 positive months is doing well having gone long the Ruble with a combined short oil position. Nice moves !
The below is a snapshot of our top 5 performers YTD.
CAPITAL INTRODUCTION EVENT – 25th April 2017
We are happy to announce that we will be holding our third Capital Introduction event at the Tower Club in Singapore on the 25th of April 2017. Six great managers will showcase and talk to investors about their strategy. Prulev, Salmon, Agathis, Insitor, Rare Metals Fund, and Football Finance Note. The Managers will all be present to meet the Singapore Investor community that ranges from private individuals to sovereign wealth funds. Please visit http://www.swissasia-group.com/cap-intro for more information.
Interlink Team – Sean Debow, an industry veteran, whose career spans over two decades with Matchpoint, Ivory Capital, BlackRock, Olympus Capital, and UBS has joined Swiss-Asia in Hong Kong with his team. Sean has launched the Interlink Asia Pacific Long/Short strategy. The strategy is fundamental bottom-up that focuses on both Alpha Long and Alpha Short trade baskets. Sean is supported by his team members, Jae Kim and Cheng Zeng as well as the Interlink analysts in India Dipanjana Gupta and Priyadarshi Agarwal.
Sunspur Global Fund is a long-only, absolute return fund investing in a concentrated portfolio of high quality, global equities, primarily in the U.S. and Asia. The objective of the fund is to preserve the value of wealth whilst generating an acceptable return on capital over the long term by focusing on downside protection, targeting an absolute return over a 3-5 year investment horizon and aiming to outperform the MSCI All Country World Index (incl. dividends). The Fund Manager Wen Wei, has over 10 years’ experience in financial services and related industries. Prior to starting up the fund, he was part of the investment team at AR Capital, a Singapore-based, Asia ex-Japan long only absolute return manager with approximately US$1bn in assets under management. He has prior experience with the strategy consulting team at PricewaterhouseCoopers in Australia, and with the investment banking division of Citigroup in London, United Kingdom. He holds an MBA from Melbourne Business School, University of Melbourne and a BEng. (1st Class Hons) in Electrical and Electronic Engineering from Imperial College, University of London. He is also a holder of the Chartered Financial Analyst® designation.
Hartawan Capital SPC – Asian-focused event driven / value equities strategy. Joseph Ong is the Principal Portfolio Manager and is running an Asian-focused event driven/value equities strategy. Prior to joining Swiss-Asia, Joseph worked at Dektos Investment Corporation Pte Ltd. (“Dektos”), a Singapore Registered Fund Management Company as Chief Operations Officer. During his tenure at Dektos, he led the launch of a Cayman based fund which subsequently generated annualized double digit returns over two years. Before Dektos, Joseph was one of the Key Executive Members at Hartawan Holdings Ltd, a Singapore listed company. At Hartawan, he managed a portfolio of real estate investments, participated in corporate finance activities and served as the General Manager of Hotel Re! @ Pearl’s Hill overseeing the hotel’s financial and operational performance. Joseph received a Bachelor of Business Administration (Honours) in Finance from NUS. He also received a Master of Business Administration from the Queen Margaret University (Edinburgh).
WEALTH MANAGEMENT PLATFORM
David Soetanto has joined us on the 23rd of January. Previous roles were with J Safra Sarasin, Julius Baer, CIC and ABN AMRO Private Banks. David comes with 18 years of banking experience servicing primarily Indonesian institutional and ultra high net worth clients.
Edmund Lim, joined the Wealth Management team on the 1st of March. He was previously a Private banker with UOB. Edmund comes to Swiss-Asia with 13 years of banking experience ranging from CitiBank, HongKong Shanghai Bank, Standard Chartered and UOB Bank.
Yannick Mivelaz has joined the team in Hong Kong to bolster our Business Development as the Head of Business Development for Swiss-Asia Asset Management (HK) Ltd.
New Hires Singapore:
David Soetanto (WM)
Joseph Ong (Hartawan Fund)
Edmund Lim (WM)
Christophe Delorme (TBA)
Clinton Maddock (TBA)
Ooi Beng Koon (Sunspur Fund)
New Hires Hong Kong:
Sean Debow (Interlink Team)
Cheng Zheng (Interlink Team)
Jae Kim (Interlink Team)
With more exciting announcements in the coming quarter we wish you all a great Q2-2017