Pacific World launches fixed-income fund

Hong Kong-based fund of hedge fund sees demand for low volatility, fixed-income product.

Pacific World, a Hong Kong-based fund of hedge fund specialist, will soon launch its Fixed Income Strategy Fund, the firm's twelfth fund-of-hedge-fund product. The new fund targets an annualized return of 250bp over Libor, with annualized volatility below 3%.

We've seen a growing demand for fixed-income hedge fund products in Asia, especially from institutional investors such as insurance companies and corporates who are concerned about volatility, says Chris Choy, Pacific World's CIO.

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