Azentus Down 6.8 Percent in 2011

Azentus Capital Management, the largest hedge fund launched in Asia last year with $1 billion in start-up capital, ended 2011 down 6.8%. The fund now manages . . . → Read More: Azentus Down 6.8 Percent in 2011

Pay Rises by 15% in Hong Kong for Hedge Fund Professionals

In the last 12 months, base pay for investment bankers and hedge fund professionals rose 15% to HK$890,000 (US$114,300) from HK$775,000, in a survey of 630 workers conducted by Astbury Marsden, a financial services recruiting . . . → Read More: Pay Rises by 15% in Hong Kong for Hedge Fund Professionals

Boyer Allan Closing Down Greater China Fund

Boyer Allan Investment Management is shutting down its Boyer Allan Pacific fund and its Boyer Allan Greater China Fund after they lost 18.7% and 7.8% this year, respectively.

Assets under management dropped to $375 million from $638 million . . . → Read More: Boyer Allan Closing Down Greater China Fund

Private Equity Funds in China Face Difficult Time

Private equity and venture capital funds in China that once made many multiples on pre-IPO investments are facing difficult times as government policies designed to cool the economy take their toll.

There are estimated to be 3,500 of . . . → Read More: Private Equity Funds in China Face Difficult Time

Hugh Hendry’s Short China Fund Up 52% YTD

Outspoken China bear Hugh Hendry continues to rack up impressive gains as his “China short” fund is up 52% so far this year.

Hendry invested in credit default swaps on Japanese corporations with exposure to Chinese demand, which soared as . . . → Read More: Hugh Hendry’s Short China Fund Up 52% YTD