Ex-FrontPoint team’s PhoenixInvest in strong growth mode


Hong Kong-based PhoenixInvest Group, set up by former FrontPoint partners James Soutar and Giampaolo Guarnieri, is moving into a growth phase, following a year of strong performance.

Its first fund, the PhoenixInvest Pacific Fund, an Asia Pacific equity long/short strategy with a bottom-up stock-picking approach and a Greater China focus, is up over 8% year to date.

PhoenixInvest already manages more than $50 million of proprietary and selected client money, and is looking to increase AUM through dedicated funds and separate accounts.

In Hong Kong and China, PhoenixInvest has a strategic relationship with the Oriental Patron Group. Oriental