Tacoma, Washington-based Frank Russell Company is looking to add Asia-based hedge fund managers to its nearly $70 billion global multi-manager funds, says Derek Doupe, director of alternative investments.
Doupe, who is based in London, is in Hong Kong to meet potential partners, concluding his trip next week in Singapore. He is responsible for the alternative investment portion of the Russell multi-manager funds. Alternative investments are a new sub-category for Russell, although the firm has had a multi-manager fund since the 1980s.
Inclusion in the Russell universe would be a coup for regional hedge fund managers, who often strive against obscurity compared to their peers in the United States. Although the firm sources client money from...
