Asian hedge fund specialists go Latin
Sun Hung Kai and Singapore consultancy GFIA structure a fund of hedge funds investing into Latin America.
Two names known for their expertise in AsiaÆs hedge funds industry, Sun Hung Kai and Singapore-based consultant GFIA, have teamed up to switch from Cantopop to salsa with the launch of a Latin America fund of hedge funds.The portfolio has been invested since November and has run up an estimated return to date of 5.2%. The principals believe it is the only such product available in Asia, and is being targeted to investors globally.The size of the fund is currently $16 million, but its …
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