Matrix Group’s Asia strategies set to cross $100m


Rupert Foster
The Asia-focused long/short equity strategies of UK-based Matrix Group are set to reach over $100 million in AUM on 1 March on the back of solid returns, and ahead of the planned opening of a Hong Kong office by mid-year.

A strategic allocation of $40 million by a large European bank will lift the assets of the Matrix Asia Fund to $65 million, while a number of UK institutions will boost the Matrix Asia UCITS Fund – launched last August – to $40 million, according to portfolio manager Rupert Foster.

The Matrix Asia