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ActusRayPartners, a quantitative hedge fund manager, wins HFM APAC and European Performance Awards

ActusRayPartners, a quantitative hedge fund manager, wins HFM APAC and European Performance Awards

On September 16, 2024, ActusRayPartners (“ARP”) has won the prestigious award “New Fund of the Year” at the With Intelligence HFM APAC Performance Awards 2024This award recognizes the outstanding achievements of the ActusRayPartners Asian Alpha Fund for the period from 1 April 2023 to 31 March 2024, marking a successful first year of operation for the Fund.

In addition, on October 12, 2023, ARP “Equity Newcomer” Award at the HFM European Performance Awards 2023This award underlined the strong performance of the ActusRayPartners European Alpha Fund for the period from 1 July 2022 to 30 June 2023. Since its launch in March 2021, the Fund has been nominated for performance awards every year.

ARP is a quantitatively oriented but ultimately discretionary hedge fund manager that is fueled and supported by Sun Hung Kai Capital Partnersthe fund management platform of Sun Hung Kai & Co.Limited (“SHK & Co”, SEHK: 86). Established in 2019, ARP has experienced significant growth, with assets under management (AUM) increasing by more than 35 times since inception to approximately US$770 million as of August 31, 2024.

“Winning performance awards for both our European and Asian funds demonstrates that our team can effectively apply our Discretionary Probabilistic Investing process across geographies,” said ARP’s co-founders.

Tony Edwards, Deputy CEO of SHK & Co, congratulated the team: “Congratulations to the ARP team on winning these HFM Performance Awards! At SHK & Co, we are committed to supporting and nurturing specialist emerging asset managers in Asia to excel. ARP is a great example of this successful partnership, demonstrating resilience and strong performance even in volatile markets. We look forward to achieving more milestones with ARP in the future.”

The HFM Performance Awards are highly regarded in the hedge fund industry and honor excellence across categories including fund performance, operational capabilities and service providers. Organized by HFM Global, a leading source of hedge fund intelligence, the awards have a long history of honoring companies that demonstrate exceptional performance and innovation.

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ActusRayPartners co-founders Patrick Cheung, Andrew Alexander and Raymond Chan (left to right).

The ActusRayPartners Executive Committee, ActusRayPartners Business Manager Joey Wong and representatives from Sun Hung Kai & Co.

About ActusRayPartners

ActusRayPartners is a Hong Kong-headquartered asset management firm co-founded in 2019 by Andrew Alexander, Raymond Chan and Patrick Cheung. Several members of the team previously worked together in Macquarie Group’s Quantitative Hedge Funds division. ActusRayPartners currently has 26 members based in Hong Kong and Sydney, managing ~US$770 million (as of 31 August 2024) across Europe and Asia.

ActusRayPartners has a Discretionary Probabilistic Investing process that is a synthesis of: (1) a quantitative basis, and (2) discretionary adjustments to address quantitative shortcomings. The quantitative basis uses fundamental, sentiment, technical, and alternative data, and uses advanced statistics, natural language processing, and artificial intelligence techniques. The discretionary work focuses on addressing challenges with purely systematic processes and is not fundamental, macro, or flow driven.

About Sun Hung Kai & Co and Sun Hung Kai Capital Partners

Sun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co” / the “Company”, together with its subsidiaries, the “Group”) is a leading financial institution based in Hong Kong, renowned for its expertise in alternative investments and asset management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternative strategies, including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging its deep-rooted Asian heritage, SHK & Co supports and nurtures specialist emerging asset managers in the region, enabling them to excel. SHK & Co also leverages its longstanding investment expertise and resources to provide tailored investment solutions to like-minded partners and ultra-high net worth investors through its Family Office Solutions. As at 30 June 2024, the Group had approximately HK$39.5 billion in total assets. For more information about SHK & Co, please visit www.shkco.com / follow the company LinkedIn.

Sun Hung Kai Capital Partners (“SHKCP”), established in 2020, is the SFC regulated subsidiary of SHK & Co in Hong Kong, holding Type 1, 4 and 9 licenses. For more information, visit: www.shkcapital.nl / follow SHKCP on LinkedIn.

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24/09/2024 Distribution of a financial press release, sent by EQS News.
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