Ten years on, Singapore's Asia Genesis hedge fund plans comeback

Singapore

LOCAL hedge fund manager Chua Soon Hock is back in business after a 10-year hiatus.

Mr Chua, now 60, used to run the top-performing Asia Genesis Japan Macro Fund (JMF) from 2000 to 2009, overseeing US$761 million in assets.

He was its key trader, delivering a net return of 18.7 per cent annually over the fund's 10-year life. Then he retired quietly.

Now he's preparing his encore. The new Asia Genesis Macro Fund will start trading with US$50 million to US$100 million initially, bankrolled by Mr Chua and two of his buddies.

They are legendary trader James Loh who had a han…