The Hong Kong hedge fund manager closes the Greater China long/short equity fund amid cooling European investor interest in the asset class.
Hong Kong alternatives manager Galaxy is on a mission to explore the commodity trading fund arena.
Negative Chinese stock-market performance has hurt domestic mutual-fund returns, with not a single mainland asset manager making a profit in the second quarter.
Hong Kong-based Galaxy’s portfolio of hedge funds had a good 2010 and its managers are optimistic that the global recovery will continue, with inflation the chief risk.
The Hong Kong-based hedge fund is using Merchant Capital's Ucits platform to offer the product. Could this signal the start of a trend among Asia managers?
There are more opportunities in China now, but it's harder to find very attractive ones, argues Joe Chan of Galaxy Asset Management.