I wasn't put off setting up a hedge fund despite the bear market, says Jonathan Brooke, managing director of Brooke Capital. Brooke, along with vice president Emerald Kwai, decided to set up a hedge fund company in Hong Kong in April last year, and was registered with the SFC in October. Brooke had previously spent two years working for an absolute return fund in Hong Kong, leaving in January 2002.
Like a growing number of his industry counterparts in Hong Kong, Brooke felt that setting up his own boutique hedge fund was a natural progression. However, he decided against seeking seed capital from outside investors as he doesn't want to face the prospect...
