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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Hong Kong, October 8^th, 2018 – 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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