Everbright China Focus Fund named a founding component fund of Suntime's Chinese Hedge Fund Index
HONG KONG, HONG KONG, HONG KONG, Sept 7, 2016 - (ACN Newswire) - The first Chinese blue chip private fund index, Suntime's Chinese Hedge Fund Index, launches: China Everbright Assets Management Limited, secondary market arm of China Everbright Limited ("CEL", stock code: 165.
On August 19th, 2016, China's first ten-billion AUM private fund index, Suntime's Chinese Hedge Fund Index, was launched worldwide in 128 countries by China's leading financial data provider Suntime Information Technology Co.
With its global standard institutional set up and rigorous risk management, China Everbright Assets Managements embodies the current state-of-the-art asset management process of Chinese hedge funds.
To be selected as a founding component fund management company of Suntime's Chinese Hedge Fund is a public recognition of our company's cross-border asset management business capabilities.
A bitter fight between Clive Palmer, a mining magnate and politician in Australia, and Citic, a Chinese hedge
fund, has cast a light on the feeling of distrust some Australians have for the Chinese.
In 2007, the Chinese hedge
fund industry had grown 100% in the past few years.
Headed by Yiming Di, principal at China-focused consulting firm Schmittzehe and Partners, the goal of the Shanghai Chapter is to work with the city's alternative investments firms in support of the HFA China Chapter's goals of advocating for and educating the public about the Chinese hedge
TIN: Chinese hedge
and fund sales produced a low of $5,262 on Wednesday but then the price recovered back to over $5,300, with a close at $5,310 on Friday for a nett loss of just $5 over the week.
Hedge funds are still very new in China and the HFA is in an excellent position to support both domestic Chinese hedge
funds and global funds that have opened representative offices in China, but are still waiting for Qualified Foreign Institutional Investor (QFII) licenses," Steinberg said.
Tin: The weight of Chinese hedge
selling of this metal above $5300 per tonne proved too much for tin last week and we saw the forward price move from Tuesday's high of $5360 to a low of $5210 on Thursday before closing at $5255 on Friday for an overall loss of $40 per tonne.