AXA Investment Managers, the Eu270 billion funds management arm of the French insurer, is going on the road with its first Asian hedge fund this week. The Asian Absolute Fund has been trading for seven months on seed capital and one European fund of funds is now being offered to institutional and private client investors in Asia and abroad.
Nick Thompson, director of structured and alternative investments in Hong Kong, says the fund will be sold to fund of fund investors, endowments and family offices with an initial target of $100 million and an ultimate target of $250 million. Prospective investors will be given performance data on the fund which has been trading since...
