Matrix hires after Asian asset boost


The Matrix Group, a privately owned financial services business in the UK with around £4 billion of assets under management, says it has more than doubled the size of Asian assets that it manages to more than $90 million from where it was the previous year.

The group runs the pan-Asian long/short equity fund Matrix Asia UCITS fund which invests in Japan, China, Taiwan, Korea and India equity markets through direct and synthetic investments in addition to the Matrix Asia fund.

The Asian asset spurt spurred the firm to hire this week two more specialist for its Asian