The private securities manager has partnered Swiss firm Gottex to launch an A-share fund in Europe. It is also mulling entry into China's mutual fund industry, possibly by acquisition.
The alternatives manager is expanding its marketing team as it moves to launch Asia-tilted multi-asset products and a China A-share fund. It has also made staff cuts due to its recent merger with EIM.
The country's regulator is introducing mandatory reporting and clearing in stages. But fund managers would be better able to implement the rules if they were introduced at the same time, observers argue.
Partnership will provide capital to emerging Asian hedge fund managers, with plans to launch a dedicated seeding fund in early 2014.
Relative-value and credit hedge funds are seen as better bets than CTAs and macro strategies. But Dr Doom lives up to his name.
Steven Lee Hyungwk has joined fund-of-hedge-funds firm Gottex as marketing director in Hong Kong.
Max Gottschalk has relocated to Asia and is aiming to raise the firm's AUM from Asian clients to 30%, from 5% at present.
Fund of hedge fund Gottex has announced restrictions to investor withdrawals from several of its funds.