Hedge Funds

Major Taiwan player Fuh Hwa Securities makes its move into Greater China space


Fuh Hwa Securities, Taiwan's largest asset management firm with $7 billion in assets, is making inroads in the greater China region and strengthening its hedge fund business through Fuh Hwa SITE Asset Management - its Hong Kong arm set up in 2008.

Fuh Hwa SITE's CAM Greater China Opportunities Fund, launched in April 2009 and run by former Ludgate Hill and Richmond portfolio manager Don Kan, is up a whopping 77% for 2009 and has more than doubled in assets to $70 million. The equity long/short fund focuses on value investments and looks for small to mid-cap stocks