[HONG KONG] Northwest Investment Management (HK) Ltd, a Hong Kong hedge fund manager, is seeing more pension investor interest as the link of the Shanghai and Hong Kong stock exchanges opens up a new way to invest in China.
The Northwest Feilong Fund, the Chinese convertible bond pool it opened to investors in October 2013, will have US$100 million of assets by Oct 1, rising from US$15 million at the start of the year, said Northwest's Hong Kong-based chief executive officer George Philips.
Investors deposited US$264 million into Northwest's three funds this year, bringing assets under management to US$680 million after redemptions, said Mark Smith, the head of business development.
The demand is...
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