china everbright limited’s china everbright assets management limited named best hedge fund manager among several recognitions at i&m professional investment award ceremony
professional investment awards, hosted by insights & mandates, seeks to recognize and honor outstanding fund management companies and investment managers, both onshore and offshore. the inaugural ceremony was held in shanghai on march 28th, 2018 at four seasons shanghai pudong, where china everbright assets management limited was named “best hedge fund manager” in cross-border award category. in addition, china everbright assets management limited also received 4 out of 21 performance awards in both equity and fixed income fund categories: best china a-share equity fund (3-year), best china hedge fund (3-year), best offshore rmb bond fund (3-year) and best offshore rmb bond fund (5-year).
china everbright assets management limited is the wholly-owned subsidiary and secondary market arm of china everbright limited (0165.hk), a hong kong-listed diversified financial services enterprise. the firm is an investment advisor registered under the securities and futures commission of hong kong with type 1, 4 and 9 licenses to deal in securities, engage in asset management and advise on securities in hong kong. china everbright assets management limited, along with its onshore cel asset management (shanghai) limited, specializes in cross-border investments in fixed income, equity and pipe via open-ended absolute return funds as well as customized accounts. as of february 2018, the firm manages and advises over usd 2.7 billion (rmb 17.5 billion) assets for institutional investors such as banks, insurance, brokerage, corporates, private banks, family offices and third-party wealth managers.
china everbright assets management was named “best hedge fund manager” for its consistent track record in delivering absolute return, notably in its two flagship products, everbright dynamic bond fund and everbright china focus fund, which also earned the company four performance awards. everbright dynamic bond fund, the firm’s flagship fixed income product launched in december 2012, is managed by two portfolio managers will chung and girish kumarguru and their team in hong kong. the fund offers both usd- and rmb-denominated share classes and primarily invests in a portfolio of asian investment grade, high yield and convertible bonds. with an annualized rmb return of 11.54%, net of fees, it is one of the largest private funds in its category with current aum at usd 523 million (rmb 3.3 billion). everbright china focus fund, the firm’s flagship fundamental china a h equity long-only absolute return fund is managed by keith wu and his team out of hong kong and shanghai. launched in january 2014, the fund has achieved an annualized usd return of 21.44%, net of fees.
the funds are available only for investment by professional investors (as defined under the securities and futures ordinance). investment involves risks. fund price may move up or down. past performance of any fund and securities is not indicative of future performance. professional investors should refer to the offering documents (including the risk factors) before investing.
