Segantii Capital Management, one of Asia’s fastest growing hedge funds, had a great April.
Bloomberg reported that Hong Kong-based Segantii’s Asia multi-strategy offering returned 8.3% last month—its best monthly return since December 2007. The article added that the fund’s April gain helped it return about 6% in the first four months of 2014.
The fund trades Asian equities and equity-linked securities with a focus on North Asia.
Segantii, which lost 1.7% last year in its first annual loss, has grown to manage about $750 from just $25 million in 2007. The firm was founded by former head of Asian equity trading for HSBC Securities Simon Sadler.