Hong Kong-based PhoenixInvest Group, set up by former FrontPoint partners James Soutar and Giampaolo Guarnieri, is moving into a growth phase, following a year of strong performance.
Its first fund, the PhoenixInvest Pacific Fund, an Asia Pacific equity long/short strategy with a bottom-up stock-picking approach and a Greater China focus, is up over 8% year to date.
PhoenixInvest already manages more than...