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City Financial Launching Asian Hedge Fund

Oct 16, 2013
Jing Chen

Independent fund manager City Financial announced earlier this week that it has launched an Asian macro hedge fund.

London-based City Financial said in a statement released that the new fund, which is scheduled to launch in the first quarter of 2014, will be managed jointly by City Financial Investment Company and former Ballingal Investment Advisors (BIA) director Geoffrey Barker.

Called “one of the most respected managers in Hong Kong, with a track record” by City Financial CEO Andrew Williams, Geoffrey worked at BIA for seven years where the firm’s macro fund has an average annualized return of about 14.1%.

Founded by Rob Hain and Andrew Williams, City Financial has approximately $1.3 billion in assets under management.

Sources:

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