OP Investment Management (OPIM) has partnered with China CR Capital Holdings to launch the CR-Wellington AI Fund SPC. The fund is Cayman-domiciled with investment open to Professional Investors only.
CR Wellington AI Fund SPC, managed by Ray Ko, will deploy a series of market neutral and arbitrage strategies. The quant fund will invest in highly liquid securities in multiple exchanges worldwide including Hong Kong, Taiwan, Singapore, Japan, US, and UK.
“Global market volatility is on the rise after delivering high yields across developed and emerging markets last year. It’s in these market conditions, the fund can profit from price deviations in equities and futures during the normalisation,” says Ko, who is the fund’s portfolio manager and has extensive experience in trading and asset management having served as Head of Proprietary Trading and Portfolio Strategies at Paine Webber and UBS AG respectively. Ko holds a Master Degree in finance at the University of Auckland.
“With pedigree and a unique strategy, CR is already seeing strong interest from family office and fund of funds. This will also certainly attract institutional investors coming to Asia. CR Wellington presents an opportunity for investors looking for early stage access,” says Alvin Fan (pictured), Chief Executive Officer of OP Investment Management.
OP Investment Management has launched a total of 12 funds off their platform in 2017, with CR Wellington AI Fund SPC already being the second fund to launch in Q1 2018.
