OPIM Launches Vide Stable Growth Fund SP
OP Investment Management Ltd. ("OPIM"), Asia's leading hedge fund platform, in partnership with Qianhai Henghuifeng (Shenzhen) Asset Management, is pleased to announce the launch of Vide Stable Growth Fund SP, a Cayman-domiciled hedge fund for professional investors only.
The investment objective of the fund is to achieve consistent returns with a target to outperform China's CPI, while striving to manage risk to limit downside within any 24 consecutive months. Managed by Mr. Xiaodong Wang, the fund is committed to identify and invest in undervalued, high-growth China-related equities by conducting deep dive industry and company research. The investment manager may also take on short positions and trade in derivatives for hedging or to enhance returns.
"Our fund will implement a stable and active investment strategy," said Mr. Wang, "We are optimistic about the long-term growth outlook of the Chinese economy. Although we cannot avoid volatility during the year, we believe the Chinese economy possesses strong internal productivity. Furthermore, China, as a huge economy, still presents tremendous structural opportunities even in a relatively low growth phase."
Mr. Wang is the portfolio manager of Vide Stable Growth Fund SP, and is also the Founder and Executive Director of Qianhai Henghuifeng (Shenzhen) Asset Management, which manages private equity fund products in China. Prior to that, he was the General Manager of Beijing Zhongxinhuacheng Investment Management and Managing Director of China Merchants Securities working in the proprietary trading department. Mr. Wang received his Bachelor of Engineering from Xi'an Jiaotong University.
"Combined with strong private sector growth, a deepening capital market creates positive conditions for China entering 2018." Alvin Fan, Chief Executive Officer of OPIM added. "With his 23 years of experience within equity and derivatives trading, we are delighted to work with Xiaodong's pedigree on our platform."