OPIM to launch Watercourse Macro Fund SP in January 2018

2017-12-19 14:17 744

HONG KONG, Dec. 19, 2017 /PRNewswire/ -- OP Investment Management Ltd. ("OPIM"), Asia's leading hedge fund platform, in partnership with Watercourse Advisors is pleased to announce the launch of Watercourse Macro Fund SP of Sunrise SPC, a Cayman-domiciled hedge fund for professional investors only. The absolute return fund will deploy a global, directional macro strategy.

Founded by Ms. Wei Liao, Watercourse will continue the same strategy she ran whilst previously managing BIA Pacific Macro Fund. The portfolio will focus on anticipating and identifying tactical trading opportunities as well as strategic investment themes in Asia-Pacific, US, and Europe, by taking long and short positions in highly liquid, transparent, easy-to-price instruments across equities, commodities, bonds and currencies.

"Our active trading and risk management strategy is directional, concentrated, and often contrarian." Ms. Liao said, "Applying dynamic capital allocation, we can profit from sudden changes in macro-environment while mitigating steep drawdown risks."

Ms. Liao arrives with over 12 years' experience in macro trading and research. Previously, she was the acting portfolio manager of BIA Pacific Macro Fund in 2016. In 2013, she was the assistant portfolio manager of Asia Pacific Macro Fund at City Financial, and was a macro analyst for BIA in 2011 when she initially moved to Hong Kong. Ms. Liao was originally in Singapore beginning 2008, where she was working as a hedge fund analyst at Credit Suisse Asia before joining Exelion Capital then Paridon Asia. She began her career in 2005 as an interest rate trader with WestLB Capital Markets in London and Tokyo.

Ms. Liao graduated from Lancaster University with a Bachelor's degree specializing in Economics and Finance, and a Masters of Finance at the same university in 2004.

Prior to restarting her fund with OPIM, Ms. Liao's fund generated a net performance of 7.1% in just 10 months versus the HFRI's total macro index which returned 2.35% over the same period.

"It's really only during tough markets, you find strong managers. Compared to macro peers' flat performance, Wei's performance edge speaks for itself," Alvin Fan, CEO of OPIM added.

About OP Investment Management Ltd.

OPIM is a leading Hong Kong based asset management company established and licensed since 2004 with Hong Kong Securities and Futures Commission (the "SFC") to carry out Type 4 (advising on securities) and 9 (asset management) regulated activities under the provisions of the Securities and Futures Ordinance (Cap.571) (the "HK SFO"). The company is also a member of the Oriental Patron Financial Group and associate of OP Financial Investments Ltd. (Hong Kong publicly listed 1140.HK). OPIM partners with emerging managers to develop innovative strategies for institutional and professional investors. OPIM's institutional fund platform attracts both managers and investors from around the world working with the industry's best business partners in alternative asset management.

About the Oriental Patron Financial Group

Founded in 1993, Oriental Patron Financial Group is an independent financial services group based and fully licensed in Hong with the Hong Kong Securities and futures Commission (the "SFC"). Oriental Patron provides a diverse range of financial securities from Advisory to Investing, Financing to Securities and Research.

For more information, please contact:
Tel: (852) 2916 9213
Fax: (852) 2916 9223


This document is issued by OP Investment Management Limited ("OPIM"). This document, and the website of OPIM ( has not been reviewed by the Securities and Futures Commission of Hong Kong.   This document is solely for information purposes and is not intended as an offer, a solicitation of offer or a recommendation, to deal in shares of securities or any financial instruments. Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of OPIM, any funds managed by OPIM, or any future funds to be launched under the Sunrise SPC Platform. Information herein is believed to be reliable at time of publication but OPIM does not warrant its completeness or accuracy and is not responsible for error of facts or opinion nor shall be liable for damages arising out of any person's reliance upon this information. Any opinion or estimate contained in this document may subject to change without notice. This document may not be published, circulated, reproduced or distributed without the prior written consent of OPIM.

Source: OP Investment Management Ltd
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