Oriental Patron to invest US$250 million into Asian Emerging Managers

Sep 01, 2016 17:20 JST

HONG KONG, Sep 01, 2016 - (ACN Newswire) - OP Investment Management Ltd (OPIM) in association with the Oriental Patron Financial Group (OPFG), a leading player in asset management industry, today announced its plans to invest up to US$250 million in emerging managers on its hedge fund platform.

OPIM, in cooperation with a consortium of regional hedge fund advisors and allocators, will raise capital to participate into early stage regional emerging managers who have built their track record on the OPIM platform. While open to any Asia-based manager across any strategy, OPIM believes the program will be especially beneficial to onshore PRC managers looking to expand their strategy offshore, where they will have unrestricted access to global instruments whilst maintaining their edge in China research.

Alvin Fan, Chief Executive Officer of OPIM, is confident of the program's timing. "Believe it or not, the China-focused asset management industry is at the doorstep of a renaissance period. Sure, PRC saw massive outflows in 2015, and yes, regulation has accelerated as a result, driving investors and managers into the global space. At the same time, we're confident fund flows will return. Between the instability in the EU post-Brexit and peak valuations in US, there will be a tremendous amount of transitional liquidity returning Asia."

However, OPIM also sees opportunities for non-traditional hedge fund strategies. "Don't underestimate the rise of the quants; the talent we're seeing out of Shenzhen and Shanghai can be competitive at a global level. While we're already working with some of the best minds in the market, we're convinced there's more talent out there." Fan observes.

OPIM launched its Sunrise SPC program for emerging managers in January this year and is scheduled to have launched 12 funds by the end of Q3.

OPIM recently signed a partnership with Academia Capital Management (Shenzhen)'s Charles Wang. Charles was previously the Senior Partner at Acadian Asset Management, CEO of E Fund Management (Hong Kong) and CIO of Bosera Asset Management (Shenzhen), and they are scheduled to launch an actively managed offshore global version of their quantitative China long-short strategy for Q4, 2016.

Philippe Zhang also partnered with OPIM to launch a global macro multi-asset fund later this year. Philippe, who is returning to Hong Kong to spearhead his new fund, was previously with AXA IM in Paris and was the ex-CIO of AXA SPDB Shanghai.

"Access to capital completes a final but vital puzzle piece. Vintage 2017 funds will not only have infrastructure, proper business establishment, but they'll also have early access to investors ready to participate", Fan said.

About the Oriental Patron Financial Group (OPFG)

Founded in 1993, OPFG is an independent financial services group, based and fully licensed in Hong Kong. OPFG provides a diverse range of financial services, from Advisory to Investing, from Financing to Securities and Research. With the wealth of expertise, experience and insight in China, OPFG finds opportunities and convert them into long-lasting value.

About OP Investment Management Ltd (OPIM)

OPIM is a leading Hong Kong based asset management company established and licensed since 2004 with Hong Kong Securities and Futures Commission (the "SFC") to carry out Type 4 (advising on securities) and 9 (asset management) regulated activities under the provisions of the Securities and Futures Ordinance (Cap.571) (the "HK SFO"). The company is also a member of the Oriental Patron Financial Group and associate of OP Financial Investments Ltd. (Hong Kong publicly listed 1140.HK). OPIM partners with emerging managers to develop innovative strategies for institutional and professional investors. OPIM's institutional fund platform attracts both managers and investors from around the world working with the industry's best business partners in alternative asset management.

For more information, please contact:
OPIM
Tel: (852) 2916 9213
Fax: (852) 2916 9223
E-mail: info@opim.com.hk
Website: www.opim.com.hk

Sectors: Daily Finance, Funds & Equities