Hong Kong fund of hedge funds builds team

Pacific World plans to target institutional investors and is considering setting up in Singapore.

Pacific World Asset Management, one of Asia's largest home-grown fund of hedge fund managers, has recently added three new members, bringing its team to a total of 22 people.

CEO Chris Choy says that with the firm's AUM exceeding the $800 million mark, he is looking to both enhance the portfolio and risk management on the investment side, and expand business development efforts on the marketing side.

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