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What's New In Investments, Funds? - Sun Hung Kai & Co

Editorial Staff 13 July 2021

What's New In Investments, Funds? - Sun Hung Kai & Co

The latest offerings in investments, such as funds and structured products, and other notable developments.

Hong Kong-listed alternative investment house Sun Hung Kai & Co has launched a multi-manager hedge fund portfolio owned by its wholly-owned funds platform, Sun Hung Kai Capital Partners.

The new offering is called SHK Latitude Alpha; SHK & Co is putting $330 million into the vehicle, transferring some of its existing hedge fund portfolio that has run for more than four years, the group said in a statement yesterday. 

The launch comes after the company’s capital commitments earlier in 2021 to Asia-Pacific long/short hedge fund manager East Point Asset Management, global deep technology venture capital firm E15VC, quantitative hedge fund manager ActusRayPartners and real estate debt strategy Multiple Capital Investment Partners. Led by Allen Sing, managing director and portfolio manager of SHK Latitude Alpha, the strategy has a global mandate with an Asian bias.

“SHK Latitude Alpha is about building upon SHK & Co’s expertise while applying a rigorous investment process developed from 20 years of direct experience. It gives external investors access to SHK Latitude Alpha’s portfolio, built through a research process aimed at sourcing high-quality managers and mitigating unwanted tail risks,” Sing said. 

Sun Hung Kai & Co Limited and subsidiaries hold about HK$44 billion ($5.66 billion) in total assets as at 31 December 2020.

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