AsianInvestor magazine has named the Hong Kong Jockey Club as Institutional Investor of the Year. The award was announced at the magazine's third annual black-tie dinner celebrating its 2004 Achievement Awards for fund management.
Paulus Lee, executive director for finance at the Jockey Club, accepted the award on behalf of the organization and his investment team, led by treasurer Jacob Tsang.
Although this was AsianInvestor's third awards dinner, it was the first time the magazine had given an award to an institutional investor.
Jame DiBiasio, editor of AsianInvestor, says, Unlike our fund management awards, the process behind...