Rockhampton shuts pan-Asia fund
Rockhampton Management, the Tokyo and Hong Kong-based long/short equity hedge fund firm, is closing down its pan-Asia strategy and will instead focus solely on its core Japan market.
Launched in 2003 by veteran Japanese equities manager Eric Forday as a boutique alternatives firm, Rockhampton initially managed a Japan-only equity fund utilizing bottom-up, sector-specialist research.
The fund later branched out into Asia ex-Japan markets in 2010, and in 2018 spun its non-Japan Asia portfolio into a separate standalone vehicle, later known as the Rockhampton Pan-Asia Fund, run by former Baring Asset Management Daniel Lian.
Lian recently resigned from the firm, which is ending all other Asia-Pacific trading, having earlier expanded into China, Hong Kong, Taiwan, Korea, and Australia.
According to media reports, the pan-Asia fund largely managed Rockhampton’s own internal money, having raised little outside capital since its 2018 spin-out.
Rockhampton aims to generate risk-managed, non-correlated, and low volatility returns, investing long and short in mispricings and other opportunities in mostly listed stocks across all sectors and market capitalizations.
This article, “Rockhampton shuts pan-Asia fund,” was originally published on June 2, 2023 on Alternatives Watch and is republished here with permission from BMV Digital, Inc.