Launches & Closures

Bowen Capital takes aim again with relaunched Arrow fund


Hong Kong-based Bowen Capital Management, which manages $100 million, has re-launched its Arrow Fund as a China-focused equity long-only strategy with $1 million in assets.

Aadil Ebrahim and Celina Lin

Previously an offshore global equity long-only fund, Arrow was re-launched on 1 July  with a China consumption theme, targeting strong home­grown brands with a solid presence in the country’s second- and third-tier cities, where population growth is faster than that in top-tier cities.

Cayman Islands-domiciled Arrow, which targets annual returns of 20-25%, is predominantly invested in Chinese companies listed in Hong Kong,