UK-based asset manager City Financial is reportedly seeking to double its Hong Kong staff and roll out a new hedge fund, the firm’s CEO Andrew Williams said.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The company is in talks to add new staff to its nine-member team at the Hong Kong office, Williams was quoted as saying by Reuters.
The new fund aims to target long/short investments in Chinese shares and Asian corporate bonds. It will complement the firm’s Counterpoint Asian Macro Fund strategy launched in May as a joint venture with Geoffrey Barker.
Macro hedge funds will invest globally in stock futures, bonds, currencies, commodities and derivatives.
Williams added that the firm intends each fund to reach $1bn in the coming years.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCurrently, City Financial manages $2.2bn worth of assets.
