Top 30 HF Firms Report


Like this article?

Sign up to our free newsletter

China quant fund punished for poor staff conduct

Related Topics

Poor staff behaviour towards rival firms has prompted Chinese regulators to ban one of the country’s top quant funds – Shanghai Minghong Investment Management Co – from launching new investment products, according to a report by Bloomberg.

The three-month ban against registering new products comes as regulators tighten their oversight of the country’s hedge fund sector amidst intensifying competition.

The report cites a notice on the Asset Management Association of China’s website as confirming the ban, after the association publicly condemned the fund for negative social media comments written by two employees about rival firms.

Minghong was founded by Millennium alumnus Qiu Huiming,

Like this article? Sign up to our free newsletter

Most Popular

Further Reading


Talk to Us

What would you like to talk with us about? *