HK Hedge Funds Moving Out Of Central

Interesting article in Bloomberg yesterday on how hedge funds in Hong Kong are being squeezed out of Central as a result of higher rents coupled with industry-wide fee pressures. Apparently, more funds are now moving their offices out to “suburban” areas such as Wong Chuk Hang, Cyberport and Tin Hau because of affordability and unit economics […]

Tim Orchard’s Outlook For Asian Markets

Tim Orchard, Fidelity International’s chief investment officer for the Asia Pacific ex-Japan region, spoke briefly with last week at a London forum organised by his firm. It wasn’t a particularly detailed conversation, but you can find the highlights here. You can also find the firm’s note on its outlook for Asia Pacific ex-Japan in 2017 here (published in December 2016). Some excerpts […]

Perinvest: April Update

James Morton’s April letter for the Asia Dividend Equity Fund is now available for download from the Perinvest website. You can find our previous commentary on and coverage of the fund here. Brief highlights below (paraphrased): NAV rose by 1.6% in April and the fund is now up 17.6% YTD. 40% of the portfolio is in real estate and […]