|OPIM Partners ex-Parantoux Portfolio Manager to Launch Prime Lens 35 mm Fund SP in Q2,2018||
OP Investment Management (“OPIM”), Asia’s leading hedge fund platform, is partnering with Prime Lens Capital to launch Prime Lens 35 mm Fund, which is Cayman-domiciled for professional investors only.
The Fund will run a long-short equity strategy, investing primarily in Greater China and US markets. To capture growth opportunities, the Fund will invest in listed companies that have China related exposures across global markets. The portfolio manager, Xi LUO, intends to maintain a diversified balanced risk/reward portfolio with low net exposure to manage downside risk.
“We prefer to look at China equities in terms of its relationship to the world and its partners, not just the domestic story. Its latest chapter of its economic evolution story post 19th CPC National Congress – be it consumption upgrade, made in China 2025, one belt one road, or the internet of things, is just beginning, we are optimistic at China’s long-term growth.” Mr. LUO remarks.
Xi LUO is the Director and Founder of Prime Lens Capital. Prior, he was the Portfolio Manager at Parantoux Capital and was responsible for portfolio performance and risk. He was an Equity Research Analyst at China Renaissance, and initially, Mr. LUO began his career as a portfolio associate at China Life Franklin Asset Management. He received his Bachelors of Science in Risk Management from the Chinese University of Hong Kong in 2008.
“Xi came from one of Asia’s top 5 performing hedge funds of 2017, so we couldn’t be more excited to be working with him on his new strategy. This is an excellent opportunity for investors looking to access emerging talent on launch.” Alvin FAN, Chief Executive Officer of OP Investment Management added.
Prime Lens is OPIM’s fourth launch in 2018.