OPIM to host Jack Schwager & Market Wizards of China Conference Series

Hong Kong, 29 Oct 2018 – OP Investment Management Ltd (“OPIM”), Asia’s leading hedge fund platform, today announced that the “Market Wizards of China” conference series are successfully held in Shenzhen, Beijing, Shanghai and Hong Kong between October 26-29, 2018. The conference, hosted with CFA Institute and The Absolute Return Investment Management Association of China, is a four-day event featuring Jack Schwager, the well-known author, fund manager, and industry expert in futures and hedge funds.

 

Jack Schwager is an established expert on futures and hedge funds, and the co-founder and Chief Research Officer at FundSeeder, a firm that seeks to find undiscovered trading talent worldwide via its trader platform (FundSeeder.com) and to connect unknown successful traders with sources of investment capital through its sister company FundSeeder Investments. Previously, Mr. Schwager was a partner in the Fortune Group (2001-2010), a London-based hedge fund advisory firm. His prior experience also includes 22 years as Director of Futures research for some of Wall Street’s leading firms.

 

The four-day event celebrates Jack Schwager’s influence on the industry in particular through his best-selling Market Wizard series books which have sold over a million copies worldwide (translated in every major language including Chinese). Each day’s program also brings together some of the top investment managers in China and Hong Kong to exchange ideas on the evolution of trading, technology, and asset management. Each day comprises of two parts, the first being an exclusive one-hour interview with Mr. Schwager, his reflections on the research and interviews of all-time-greats like Ray Dalio and Ed Thorpe; the second hour will bring together a panel of traders and leading managers who’ve been influenced by Jack’s books, sharing their experience on strategy, the markets, and building a fund business. China and Hong Kong based firms and institutions include Oasis Management Company, Ortus Capital Management, Poincare Capital Management, About Capital Management, Keywise Capital Management, Shenyi Investment, Jinde Asset Management, Hongxin Investment, KC Capital and Pure Faith Asset Management, True Value Partners, Zhenrongbao, Empire Capital, China Financial Futures Exchange, and Beijing Renmin University.

 

“OPIM has been partnering with Asian emerging managers since 2008, and some of the lessons of the past resonate still today. It’s a rare treat to bring one of the most influential minds to Asia, having helped demystify trading and inspiring an entire generation of investment professionals. We’re thrilled to bring together Jack and Asia’s new market wizards for an intimate and invigorating conversation!” says Alvin Fan, Chief Executive Officer of OP Investment Management.

 

“With countless new talent in Asia uniquely positioned to generate alpha, we’re at an exciting intersection between technology and rise of the emerging manager”, opined Mr. Schwager.

 

Jack Schwager and Market Wizards of China conference series is hosted by OPIM, and in partnership with CFA Institute and Absolute Return Investment Management Association of China, supported by The Alternative Investment Management Association (AIMA), The Hong Kong Society of Financial Analysts (HKSFA) and FundSeeder, and sponsored by CME Group, S&P Global Market Intelligence, Interactive Brokers, Harneys, CSC Futures (HK) Limited and Global Prime Partners Ltd.

 

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Watercourse Advisors to join Penjing Asset Management after one year on the OPIM Platform

Hong Kong, October 8th2018 – Penjing Asset Management (Asia) Limited (“Penjing Asset Management”) today announced its agreement to incubate Watercourse Advisors (“Watercourse”), a global macro focused firm founded by Wei Liao.

 

Ms. Liao, Founder and Portfolio Manager of Watercourse Advisors, will join Penjing Asset Management, managing the same strategy currently on the OP Investment Management (“OPIM”) Platform. Watercourse Macro Fund, a continuation of the BIA Pacific Macro Fund which re-activated in November 2016, deploys a global macro strategy around strategic global themes and tactical trading opportunities.

 

The long-short portfolio covers the Asia-Pacific region, Europe, and the US, in highly liquid and transparent instruments such as equities, commodities, bonds, and currencies. The fund will complete transition by December 2018 after only one year on OPIM’s platform.

 

“Wei’s ability to manage volatility conveys her deep respect for risk.  She comes to the firm with a thematic research approach we know well from her history, married with a disciplined portfolio management framework,” Mr. Ronnie Wu, Co-Founder and CIO of Penjing Asset Management explained. “We couldn’t be more pleased to welcome her to the Penjing family.”

 

“I am looking forward to joining Penjing Asset Management and continuing to lead Watercourse Macro Fund from 2019 onward. I would like to express my gratitude to Alvin Fan and OPIM for their partnership over the last year,” Ms. Liao remarked.

 

“Wei’s time with OPIM has been short, but given her pedigree, we are not surprised.  In fact, she is one of the fastest to spin off our platform ever.  We are thrilled to see emerging talent getting the recognition they deserve from our institutional partners,” added Mr. Alvin Fan, Chief Executive Officer at OPIM.

 

OPIM will continue supporting Watercourse Macro Fund, retained as investment advisor for Penjing Asset Management.

 

Watercourse is the second graduate off the OPIM platform in 2018 after Petrel Capital announced in July this year.

 

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OPIM Partners ex-Parantoux Portfolio Manager to Launch Prime Lens 35 mm Fund SP in Q2,2018

OP Investment Management (“OPIM”), Asia’s leading hedge fund platform, is partnering with Prime Lens Capital to launch Prime Lens 35 mm Fund, which is Cayman-domiciled for professional investors only.

 

The Fund will run a long-short equity strategy, investing primarily in Greater China and US markets. To capture growth opportunities, the Fund will invest in listed companies that have China related exposures across global markets. The portfolio manager, Xi LUO, intends to maintain a diversified balanced risk/reward portfolio with low net exposure to manage downside risk.

 

“We prefer to look at China equities in terms of its relationship to the world and its partners, not just the domestic story. Its latest chapter of its economic evolution story post 19th CPC National Congress – be it consumption upgrade, made in China 2025, one belt one road, or the internet of things, is just beginning, we are optimistic at China’s long-term growth.” Mr. LUO remarks.

 

Xi LUO is the Director and Founder of Prime Lens Capital. Prior, he was the Portfolio Manager at Parantoux Capital and was responsible for portfolio performance and risk. He was an Equity Research Analyst at China Renaissance, and initially, Mr. LUO began his career as a portfolio associate at China Life Franklin Asset Management. He received his Bachelors of Science in Risk Management from the Chinese University of Hong Kong in 2008.

 

“Xi came from one of Asia’s top 5 performing hedge funds of 2017, so we couldn’t be more excited to be working with him on his new strategy. This is an excellent opportunity for investors looking to access emerging talent on launch.” Alvin FAN, Chief Executive Officer of OP Investment Management added.

 

Prime Lens is OPIM’s fourth launch in 2018.

 

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OPIM to launch Long-Term Leader Fund I with L Squared Management

OP Investment Management (“OPIM”), Asia’s leading hedge fund platform is partnering with L Squared Management, to launch Long-Term Leader Fund I SP. The Fund is Cayman-domiciled for professional investors only.

 

Mr. Liyang Lu, the fund manager and founder of L Squared Management, will deploy a long-short strategy focusing on companies with China exposure. His investment approach will target companies with a sustainable and increasing economic moat.

 

“We believe in ‘Global vision, China perspective’. As China becomes more integrated into the world economy, the ability to analyze companies from both global and local angles gives us an edge in identifying long-term winners” Mr. Lu explained.

 

Mr. Lu was previously assistant vice president at Sanford C. Bernstein’s Hong Kong Office where he was responsible for research Asian insurance and Chinese consumer finance companies. Before, he worked for several hedge funds in the United States and Hong Kong as a research analyst and involved with numerous Chinese and international IPO’s in the investment banking department of Morgan Stanley Huaxin Securities. He began his career as a consultant with Capgemini consulting in Beijing. Mr. Lu holds a Bachelor of Arts in Finance and Banking from Peking University, and an MBA from Columbia Business School.

 

“Having successfully shifted its economy from a manufacturing, export driven market into an incubator for emerging innovators, we are now seeing a new generation of companies built on sustainable quality and strategic advantage. We are thrilled to be working with Liyang to launch his strategy which reflects this fascinating change in landscape.” Alvin Fan, Chief Executive Officer of OP Investment Management added.

 

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Oasis Management to acquire Petrel Capital after successful three-year run on OPIM Platform

  • Acquisition brings additional Greater China investment expertise to Oasis
  • Petrel Capital Greater China Fund will be renamed Oasis Petrel Greater China Fund

 

Oasis Management Company Ltd. (“Oasis”) today announced its agreement to acquire Petrel Capital Management Ltd.(“Petrel Capital”), a Greater China-focused investment firm founded in 2015 by Rawen Huang.

 

Mr. Huang, Founder and Chief Investment Officer at Petrel Capital, will join Oasis as Head of Greater China Strategies, a newly-created role, and will report directly to Seth Fischer, Chief Investment Officer at Oasis.

 

The Petrel Greater China Fund will be renamed the Oasis Petrel Greater China Fund(the“Oasis Petrel Fund”). Mr. Huang will continue to serve as the Portfolio Manager for the Oasis Petrel Fund.

 

“Rawen and I worked closely together from 2012 to 2014 during his time at Oasis, and weare very impressed by what he has built in Petrel Capital. We are excited to welcome him back,’’ said Mr. Fischer. “We look forward to working with Rawen and his team to further expand our Greater China portfolio.”

 

“I’m very excited for the opportunity to re-join Oasis,’’ said Mr. Huang. “Seth has been the biggest supporter of me and Petrel Capital since our inception, and I look forward to leading Oasis’s Greater China team and contributing to Oasis’s continued success. I would also like to express our gratitude to Alvin Fan and OP Investment Management for their invaluable partnership during the last three years.”

 

“Having worked with Rawen over the last three years, I can attest to Petrel’s track record – the cumulative result of gritty determination, smart investing, and mature business management,” said Mr. Fan, Chief Executive Officer at OP Investment Management. “We have always been committed to helping funds grow, and that is what Rawen and Petrel have done.”

 

For media and all other inquiries, please contact thall@hk.oasiscm.com

 

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OPIM to Launch JNR Asia Strategic Opportunities Fund SP with JNR Capital

OP Investment Management (“OPIM”) is partnering with JNR Capital to launch JNR Asia Strategic Opportunities Fund SP, a segregated portfolio of the JNR SPC. The Fund is Cayman-domiciled for professional investors only.

 

Managed by Mr. Chi-Chiang Lo, Fund will deploy a long-short strategy across global markets primarily investing in Greater China. A fundamental, value-based approach will identify opportunities across a wide range of asset classes such as equities, fixed income, currencies, and derivative products.

 

“Taking a multi-asset approach to the China story provides diversification laterally without sacrificing regional exposure and provides a flexibility to profit from different market cycles.” Mr. Lo explained.

 

Mr. Lo is the founder of JNR Capital and is the portfolio manager of the Fund. Previously, he was the director at Ruien Investment Management Advisors, specializing in the TMT and Semiconductor Industry. Mr. Lo started his career as an investment advisor with Polaris Securities in Taiwan, and holds a double degree in business management and industrial engineering from Ming Chi University of Technology in Taipei.

 

“With the signature of volatility changing globally and not just in Asia, it’s driving a greater demand for more nimble, local managers who can comfortably traverse between asset classes.  JNR’s approach is a great response for both regional and global investors looking to access China exposure through diversification – not just in positions but also asset classes.” Alvin Fan, Chief Executive Officer of OP Investment Management added.

 

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OPIM to Launch Hedge and PE Strategies via Ansen SPC with Ansen Investment Management

OP Investment Management is partnering with Ansen Investment Management Limited to launch Ansen Fund SPC. The Fund is Cayman-domiciled for professional investors only.

 

The first strategy, Ansen Global Investment Fund SP uses a discretionary, long-short approach towards multi- asset investments. While the Fund plans to invest within multiple exchanges, the mandate will maintain a focus primarily on Asia markets. To achieve long-term capital growth and returns, a flexible asset allocation method will be driven by value investing principles and a top-down approach. IPO opportunities will be a primary focus for investment, specifically within Hong Kong, China, Taiwan, EU and US markets.

 

Mr. Bill Chun, senior portfolio manager of the hedge strategy, explains, “A flexible approach towards different sectors and multiple investment classes will help us manage risks associated with market volatility and geopolitical tensions in the future. In addition, our Fund will give investors the opportunity to participate in early stage companies valued on solid fundamentals.”

 

Mr. Bill Chun is the portfolio manager of the Investment Manager. Before managing Ansen Fund SP, he was the Head of Principal Trading Strategy Formulation at Poseidon IAM Co., Ltd, responsible for analyzing financial trends and bank securities. Prior to this, he was an Executive in the Finance Division of Royal Trust Universe Asset Management from 2010-2013, and he was Managing Director from 2007-2012 at Importers Salvage Centre MIDAS Trading. Mr. Chun began his career as a Finance Commissioner at JP Morgan. He received his Bachelor of Management Studies from the University of Waikato in Hamilton, New Zealand.

 

“Given the attractive opportunities in both direct investment and in liquid markets in Asia, it’s becoming increasingly important for new managers to think ahead and provide choices for their investors. Launching with both hedge and private equity clearly positions Ansen strategy towards this appetite. We couldn’t be more thrilled to host their new SPC on our platform.” Alvin Fan, Chief Executive Officer of OP Investment Management added.

 

The second strategy, Ansen Global Aggregate Fund SP will focus on direct investments through debt financing in private companies in a broad range of sectors such as art, entertainment and recreation, finance, real estate, healthcare, artificial intelligence and energy.

 

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OPIM to Support Must-attend 2018 Sohn Hong Kong Investment Conference

OP Investment Management Limited (OPIM), Asia’s leading hedge fund platform, is a proud sponsor of the 2018 Sohn Hong Kong Investment Conference presented by the Karen Leung Foundation, for one of the most well-anticipated charity events of the year.

 

OPIM will present two of its partnered managers, Mohammed Ali-Reda, Chief Investment Officer of Darkhorse Capital Fund and Rawen Huang, Founder & Portfolio Manager of Petrel Capital, as speakers at “Next Wave”, a newly added program component which will give the next generation of younger emerging managers a forum to present their investment ideas. The program will be in the same format as the main Sohn event.

 

Alvin Fan, Chief Executive Officer of OP Investment Management remarked, “We are thrilled to be partnering again with the Karen Leung Foundation. The forum is a rare opportunity which brings investors together with the brightest minds in the hedge fund world to share unique ideas, while at the same time promoting two worthy causes and raising fund and awareness.”

 

The Sohn Conference Foundation has expanded its reach to more than 10 cities globally to help raise awareness and contributions for pediatric cancer. This year the Sohn Hong Kong Conference will continue to be presented by the Karen Leung Foundation, a Hong Kong-headquartered gynecological cancer charity. The conference will feature around a dozen leading regional hedge fund managers to present their best ideas to 400 investors and industry peers. Like in New York and London, the conference attracts some of most influential investors and leaders within the Asian hedge fund industry.

 

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OPIM partners with Top Chinese Manager Longrising to Launch its First Offshore Fund

OP Investment Management Ltd (“OPIM”), Asia’s leading hedge fund platform, in partnership with Longrising Asset Management Co., Ltd. (“Longrising”), is pleased to announce the launch of Longrising Prosperous China Fund (the “Fund”). The fund is a Cayman-domiciled hedge fund for Professional Investors only.

 

The Fund will replicate Longrising’s strategy in China A-share market partially, and deploy a top-down, long-short strategy mainly investing in China-related equities listed in China, Hong Kong, and United States stock markets to achieve long-term capital appreciation under a controllable risk level. The investment process begins with reviewing the economic cycle to adjust overall exposure, which allows the fund to enjoy the growth while control the downside risk. Then with in-depth thinking of the logic beneath various economic cycles, searching and increasing exposure of promising sub-sectors. Finally, select high conviction companies under each sub-sector and achieve diversification of the portfolio. Meanwhile, the fund will utilize a wide range of instruments to control risks and enhance returns.

 

Longrising is a leading Chinese private fund management company, managing equity long-only products with an AUM of over 20 billion RMB in China.

 

“Our team members come from some of China’s largest asset management organizations and the most influential research institutions. We pride ourselves on rational and pragmatic investment styles,” says Xiaojie Zeng, the founder of Longrising, who manages the fund.

 

“Regarding the fundamental and momentum investment, we consider the macro trend first, select an appropriate industry, and choose the company at last. Meanwhile, we make dynamic adjustments and tactical trading based on macro trend momentum in the market. We capture investment opportunities timely and generate revenue through both fundamental and tactical approach.”

 

Having 15-year-experience in the securities industry, Zeng has specialized in top-down macro analytics and industry comparison. He has won four Golden Bull Fund Manager Awards, given his experience in investment and asset management. Before founding Longrising, he had been working in China Life Insurance and China Life Asset Management on behalf of investment management and asset allocation. Zeng graduated from Peking University with a master’s degree in Finance and a bachelor’s degree in Economics.

 

Alvin Fan, Chief Executive Officer of OPIM, remarked, “We are now seeing increasing top-tier Chinese fund managers landing overseas markets. We believe that an excellent strategy, coupled with institutional-grade technical and operational supports, will help these top managers replicate the same credibility and success with global investors as they do onshore.”

 

Longrising is OPIM’s third fund online in 2018 after having launched a total of 12 funds off their platform in 2017.

 

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OPIM Launches Vide Stable Growth Fund SP

OP Investment Management Ltd. (“OPIM”), Asia’s leading hedge fund platform, in partnership with Qianhai Henghuifeng (Shenzhen) Asset Management, is pleased to announce the launch of Vide Stable Growth Fund SP, a Cayman-domiciled hedge fund for professional investors only.

 

The investment objective of the fund is to achieve consistent returns with a target to outperform China’s CPI, while striving to manage risk to limit downside within any 24 consecutive months. Managed by Mr. Xiaodong Wang, the fund is committed to identify and invest in undervalued, high-growth China-related equities by conducting deep dive industry and company research. The investment manager may also take on short positions and trade in derivatives for hedging or to enhance returns.

 

“Our fund will implement a stable and active investment strategy,” said Mr. Wang, “We are optimistic about the long-term growth outlook of the Chinese economy. Although we cannot avoid volatility during the year, we believe the Chinese economy possesses strong internal productivity. Furthermore, China, as a huge economy, still presents tremendous structural opportunities even in a relatively low growth phase.”

 

Mr. Wang is the portfolio manager of Vide Stable Growth Fund SP, and is also the Founder and Executive Director of Qianhai Henghuifeng (Shenzhen) Asset Management, which manages private equity fund products in China. Prior to that, he was the General Manager of Beijing Zhongxinhuacheng Investment Management and Managing Director of China Merchants Securities working in the proprietary trading department. Mr. Wang received his Bachelor of Engineering from Xi’an Jiaotong University.

 

“Combined with strong private sector growth, a deepening capital market creates positive conditions for China entering 2018.” Alvin Fan, Chief Executive Officer of OPIM added. “With his 23 years of experience within equity and derivatives trading, we are delighted to work with Xiaodong’s pedigree on our platform.”

 

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