Tat AuYeung, formerly head of proprietary equity trading for HSBC in Hong Kong, has joined forces with New York-based hedge fund Apex Capital to launch the Apex-Guotai Junan Greater China Fund. The mainland's Guotai Junan Securities is a strategic minority partner in the new fund.
The equity longshort fund has launched with approximately $12 million under management and invests principally in China related stocks in Hong Kong, Taiwan, South Korea and the US. The fund currently does not invest directly in China's stock market, but intends to do so in the future.
AuYeung joins Andrew Beer, Avi Faliks and Chung Lew as the...
