NEW YORK Cheap Brad Daugherty Jersey , June 1 (Xinhua) -- A Chinese asset manager launched its debut hedge fund in the U.S. on Thursday, a move with few Chinese precedents.
The multi-manager fund, launched by Hywin Capital Management LLC, is targeting 8 to 15 percent annual returns with minimal drawdowns, according to Gib Dunham, Managing Director and the Portfolio Manager of the fund.
It is expected to allocate to four primary sectors including relative value, private credit, quantitative and zero correlation Cheap Shaquille O'Neal Jersey , said Dunham.
He added that the focus of the fund is to combine managers with the proven ability to generate excess returns over benchmark indices, manage drawdowns and provide returns that are uncorrelated with the broad industry benchmarks.
While a few big U.S. fund operators including Bridgewater Associates and Citadel are doing business in China, few Chinese asset managers launched hedge funds in the U.S. before.
As Zhu Shuming, president of Hywin Capital, observed during her road show in China, that the country's hedge fund industry is still in the primary stage and not many investors are familiar with the investment strategies.
"Probably more than 90 percent of Chinese investors' portfolio is in real estate. In fact, we bring the concept of investment portfolio to our investors to diversify risks and gain returns," said Zhu.
She said Hywin Financial Holding Group Cheap Terrell Brandon Jersey , Hywin Capital's parent company, has set up multiple overseas offices in order to introduce a variety of investment vehicles to Chinese investors and help them diversify their portfolio.
"The launch of this multi-manager product is significant to our Chinese investors because it's an asset class most of them don't have access to," said Dunham.
Hywin Financial Holding Group is a multi-national conglomerate with over 5,000 employees worldwide and approximately 15 billion U.S. dollars in assets under management.
Founded in 1989, the company has expertise across multiple asset classes including hedge funds, real estate, insurance, asset management Cheap Jordan Clarkson Jersey , private equity and lending.
Benzene Market: Global Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast – 2024
by Infinium · January 7, 2019
Infinium Global Research has produced a new premium report Benzene Market. The report covers the analysis of global as well as regional markets of Benzene. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Benzene Market by derivatives (ethylbenzene, cumene Cheap George Hill Jersey , styrene, chlorobenzene, aniline, alkylbenzene, cyclohexane and others) and application (tirerubber manufacturing, printing, petroleumoil, chemicals and plastic Cheap Kevin Love Jersey , auto repair, medicine and others) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Benzene Market during the said period. The report also provides market attractiveness analysis, by geography Cheap LeBron James Jersey , and market share analysis, by key players respectively. Some of the prominent participants in the Global Benzene Market are BASF, Reliance Industries Limited, The Dow Chemical Company, ExxonMobil, Shell, Royal Dutch Shell Plc., China National Petroleum Corporation Cheap Kyrie Irving Jersey , Total S.A., Saudi Basic Industries Corporation and others.
For More Insights on this report, Speak to Our Analyst:
Versatile Applications Served by the Benzene is the Key Factor Driving the Benzene Market
The benzene is a large volume commodity petrochemical that shows diverse applications in the chemical industry. The versatile applications served by the benzene is the key factor driving the benzene market worldwide. The major amount of produced benzene is essentially used in the production of various chemicals such as ethylbenzene, cumene and cyclohexane that are used in the TireRubber Manufacturing, plastic, paint and coatings, printing and other industries. In addition, the rapidly growing demand for Styrene or polystyrene which are the derivatives of benzene Cheap Cleveland Cavaliers Hats , are used in various end-use industries which are likely to boost the growth of the benzene market. The manufacturing of synthetic rubbers and polystyrene are the major applications of the Styrene. The rising uses of polystyrene in the food packaging, construction and in the manufacturing industries for insulation and manufacturing purpose is expected to contribute to the growth of the benzene market over the forecast period. However, the U.S. Consumer Product Safety Commission (CPSC) recommends a ban of benzene in consumer products because it has linked with various health related issues such as cancer of the white blood cells, blood disorders and abnormalities of genetic material that may hamper the market growth.
Moreover, rapidly increasing phenol consumption is expected to escalate the growth of benzene market in upcoming years. Phenol is one of the derivatives of benzene used in the production of household application and as intermediates for the industrial synthesis
Asia Pacific Accounts for Nearly Half of the Global Production and Consumption of Benzene