Hong Kong regulators have granted Snow Lake Capital the licence to market hedge funds in the city. The company, which has an office in Beijing, was founded by Sean Ma and manages the long/short equity Snow Lake China Fund, which invests in Chinese companies listed outside of the mainland.
Ma and his team of analysts strive to achieve robust returns not strongly correlated to market movements and try to achieve that through a rigorous stock-picking approach.
The fund’s AUM is believed to be still below $100 million.
Last year, the fund delivered a 10.52% return and up to