Sign up for free newsletter

 

Jonny Gordon, Met Capital

Met Capital Management to launch Asia Pacific fund in Q2

Met Capital Management is preparing to launch the MET Pacific Fund, an Asia Pacific long/short equity fund, in Q2 this year. The London-based firm already has a Cayman-domiciled MET Europa Fund. The MET Pacific vehicle will adopt a fully systematic version of the post-earnings stock momentum strategy used by the Europa fund and will also be domiciled in the Caymans. Portfolio manager Jonny Gordon (pictured)said he was unaware of any other hedge funds taking a similar approach to the developed Asian markets. “We have completed an extensive eight-year back testing and more recently front testing, which have produced very attractive risk-adjusted returns at 14.8 per cent annualised, 2.8 sharpe ratio, 4.8 per cent annualised volatility and a correlation of 0.1 to the MSCI Asia Pacific Index,” said Gordon. As the fund will target developed Asia Pacific markets including South Korea, Australia, Hong Kong, Japan and Singapore it is believed to have a capacity of USD1billion compared to the Europa fund whose capacity constraint is around USD500million.


Subscribe to free daily newsletter
latestjobs
Junior Quantitative Trader

Sat, 04 Jul 2015 00:00:00 GMT

Compliance Officer, Vice President, Private Banking

Fri, 03 Jul 2015 00:00:00 GMT

Credit Risk AVP/VP | Singapore

Fri, 03 Jul 2015 00:00:00 GMT

events
2 days 6 hours from now - Hong Kong
2 weeks 6 hours from now - Rhode Island
specialreports