The size of assets under management at Hong Kong-based Zeal Asset Management has nearly doubled from where it was early this year, now reaching more than $500 million.
The group experienced a surge of new inflows from funds of funds in recent months after its flagship fund, the Zeal China fund, delivered consistent performance in the last two years.
The long/short Greater China equity fund, which was launched in January 2010, has scaled to a $321 million size. Besides the hedge fund, Zeal also manages over $200 million in long-only strategies.
The China long/short strategy primarily invests in China-related companies listed