bulletEDITOR'S PICKS

 

FCA widens coverage of DB transfers to cover all DC schemes

From Tax & Regulation Mar 4 2015 @ 12:47

The Financial Conduct Authority (FCA) has announced that all members of UK defined...
view article

Morningstar opens investment management business in South Africa

From Middle East Mar 3 2015 @ 11:38

Morningstar expands into Sth Africa

Morningstar Inc, the US-based research provider and financial services group, said it...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Holborn disappears from IA list of regulated UAE brokers

Holborn Assets, one of the largest insurance brokerages in the United Arab...
view article

HSBC offers lower cost retirement funds for UK...

From Products Mar 4 2015 @ 16:49

EFAMA outlines rules for EU-wide pension...

From Europe Mar 4 2015 @ 16:40

MORE FROM Middle East

LATEST NEWS

Momentum appoints investment head

Momentum, one of the world’s leading international pension providers,...
view article

Growing expat community to stimulate Qatar's...

From Middle East Mar 4 2015 @ 13:03

FCA widens coverage of DB transfers to cover...

From Tax & Regulation Mar 4 2015 @ 12:47

MORE FROM People

LATEST NEWS

Bottom-up diversification - JPMAM launches SICAV

J.P. Morgan Asset Management is targeting investor demand for diversification with...
view article

Student accommodation will thrive despite...

From Products Mar 3 2015 @ 17:21

Canada Life agrees to take on Equitable...

From Retirement Mar 3 2015 @ 17:11

MORE FROM Products



Asia Frontier Capital adds to HK team following MBO

From Asia Sep 2 2013 BY: Leena Dagade , Deputy Editor , Fund Selector Asia

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


Asia Frontier Capital has made two appointments for its Hong Kong office. It has appointed Ruchir Desai as senior investment analyst and Stephen Friel as marketing director.

Asia Frontier Capital was founded by fund manager and chief executive officer Thomas Hugger after a buy-out of the Leopard Asia Frontier Fund in July.

Desai is already a familiar with Asia Frontier's investments process as he worked with The Leopard Asia Frontier Fund as a summer associate in 2012.

Asia Frontier Capital manages AFC Asia Frontier Fund, which invests in high-growth Asian frontier markets, primarily focussing on consumer, financial and infrastructure stocks.

Desai will support the combined top down and bottom up investment strategy of the AFC Asia Frontier Fund, to identify opportunities in the fast-growing Asian frontier markets of Bangladesh, Cambodia, Iraq, Laos, Mongolia, Myanmar (Burma), Pakistan, Papua New Guinea, Sri Lanka, and Vietnam.

Prior to being in Hong Kong, Desai was based in Mumbai where he spent two years as a senior analyst at HandsOn Ventures, a mid-market private equity group focused on investments in the business services industry. He also worked at Mumbai-based Pioneer Investcorp as a research analyst.

Before joining Asia Frontier, Friel supported the launch of a Hong Kong based hedge fund.

According to the company, the Cayman domiciled AFC Asia Frontier Fund has returned 5.15%, 9.96% and 18.68% on a three month, year-to-date and one-year basis net of fees, beating the aggregate returns of the fund’s Bloomberg peer group which were -7.57% 1.82% and 9.29%, respectively over the same periods.

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...