Bloomberg: OP Investment Aims To Add 15 Funds By Year |
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2016
06-15
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to List OP Investment Management, the Hong Kong-based asset management subsidiary of Oriental Patron Financial Group, is looking to add as many as 15 hedge funds by the end of the year, according to Alvin Fan, chief executive officer of the firm.
While the majority of OP Investment Management's managers are based in Hong Kong, Fan is seeing more demand from Chinese managers as they seek money from global institutional investors. Mainland managers are also looking to set up funds in Hong Kong to attract money from Chinese family offices who are increasingly seeking to invest their wealth offshore.
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